Qualcomm (QCOM) Could Trade Back to $55-$60 Range if Broadcom (AVGO) Drops Bid - Stifel
Stifel analsyt Kevin E. Cassidy said if Broadcom (NASDAQ: AVGO) withdraws its bid for Qualcomm (NASDAQ: QCOM), following the raised NXP bid, they expect QCOM's share price could return to the $55 - $60/share price range.