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Fly News Breaks for December 7, 2018
QRVO
Dec 7, 2018 | 06:29 EDT
Susquehanna analyst Christopher Rolland last night started Qorvo with a Neutral rating and $70 price target. The analyst recognizes approaching 5G "tailwinds," but he sees near-term industry challenges from global trade tensions and a potential Chinese slowdown. Further, while Apple has always been a significant driver of high-end radio frequency content, the analyst does not expect a full 5G product until the second half of 2020.
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