Qualcomm (QCOM) PT Lowered to $68 at Stifel; Lower Offer Could Drive Shareholders to Vote for Dissident Directors
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
Tweet
Share
E-mail
Get Alerts QCOM Hot Sheet
Price: $177.96 +1.28%
Rating Summary:
24 Buy, 34 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 17 | New: 31
Rating Summary:
24 Buy, 34 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 17 | New: 31
Join SI Premium – FREE
Stifel lowered its price target on Qualcomm (NASDAQ: QCOM) to $68.00 (from $82.00) while maintaining a Hold rating.
Analyst Kevin Cassidy said Broadcom's lower offer of $79/share may concern QCOM shareholders and motivate a vote for Broadcom board nominees.
"Based on unscientific conversations we have had with QCOM shareholders, shareholders are not convinced that Qualcomm can earn $6.75 - $7.50 in FY19," he commented.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Abbott Labs (ABT) PT Lowered to $125 at BTIG
- Adidas AG (ADS:GR) (ADDYY) PT Raised to EUR210 at StoneX on 'Robust' Pre-Announced Q3 Results
- Southern Co. (SO) PT Lowered to $98 at BMO Capital
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT Change, RumorsRelated Entities
StifelSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
