Qorvo® Announces $500 Million Share Repurchase Program

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Drexel Hamilton Remains Bullish on Qorvo (QRVO) Following Mixed 2Q

November 4, 2016 6:58 AM EDT

Drexel Hamilton maintained a Buy rating and $72.00 price target on Qorvo Inc (NASDAQ: QRVO) following the company's 2Q earnings report. QRVO delivered non-GAAP revenue of $864.7 million and EPS of $1.29, vs. the Street consensus for sales of about $834.9 million and EPS of $1.41.

Analyst Cody... More