TriQuint, RF Micro Price Targets Hiked As Merger Near
TriQuint Semiconductor (TQNT) and RF Micro Devices (RFMD) held an analyst day on Tuesday where executives discussed prospects for their pending merger, prompting analysts from Canaccord Genuity to boost their price targets for the stocks. The companies said their merger is on target to close this year. The combined company will be named Qorvo. “We came away from the analyst day with increased conviction Qorvo can achieve stronger fiscal 2016 and