Home / Top Tech / Qualcomm / Analysts comment, adjust after Qualcomm earnings – Qualcomm Inc. (NASDAQ:QCOM)

Analysts comment, adjust after Qualcomm earnings – Qualcomm Inc. (NASDAQ:QCOM)

Canaccord Genuity raises its Qualcomm (NASDAQ:QCOM) price target by $6 to $76 following the earnings report.

The firm sees Qualcomm as “an attractive investment opportunity for longer-term investors” despite the uncertainty surrounding Apple and the other licensee withholding royalty payments. 

Mizuho also sees Qualcomm as fundamentally strong but weakened by the ongoing IP litigation. The firm maintains a Buy rating and $65 price target. 

Bernstein raises its Qualcomm target by $5 to $55. 

Qualcomm shares are up 2.79%.  

Previously: Qualcomm up after Q4, guidance beats; discusses NXP acquisition and Apple impact (Nov. 1)

Read More – Original Source

Check Also

EE Times | Electronic Engineering Times

11|2|2017 SAN JOSE, Calif. – You know when you hear as …

Leave a Reply

Your email address will not be published. Required fields are marked *