Qualcomm Responds To Statements Made By JANA Partners LLC
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BofA/Merrill Lynch Upgrades Qualcomm (QCOM) to Buy
April 14, 2015 7:00 AM EDTBofA/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.
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