Susquehanna Starts Qualcomm (QCOM) at Positive, $70 Price Target

June 29, 2011 5:47 PM EDT
Get Alerts QCOM Hot Sheet
Price: $165.79 --0%

Rating Summary:
    25 Buy, 33 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 16 | New: 19
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An analyst at Susquehanna initiated coverage on shares of Qualcomm (NASDAQ: QCOM) with a Positive rating and a $70 price target.

With the stock closing at $55.43 Wednesday afternoon, Susquehanna's new price target represents potential upside of about 26 percent.

For more ratings news on Qualcomm click here and for the rating history of Qualcomm click here.


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