BofA/Merrill Lynch Upgrades Qualcomm (QCOM) to Buy
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Price: $181.97 +2.88%
Rating Summary:
24 Buy, 34 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 3 | Down: 5 | New: 34
Rating Summary:
24 Buy, 34 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 3 | Down: 5 | New: 34
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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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