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BofA/Merrill Lynch Upgrades Qualcomm (QCOM) to Buy

April 14, 2015 7:00 AM EDT
Get Alerts QCOM Hot Sheet
Price: $169.30 +0.10%

Rating Summary:
    28 Buy, 21 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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BofA/Merrill Lynch upgraded Qualcomm (NASDAQ: QCOM) from Neutral to Buy with a price target of $80.00. Analyst Tal Liani thinks negative trends have played out and are now built into guidance. SOTP valuation suggests a discount to peers.

For an analyst ratings summary and ratings history on Qualcomm click here. For more ratings news on Qualcomm click here.

Shares of Qualcomm closed at $68.73 yesterday.



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Tal Liani