Wall Street closes up with energy, financials

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Qualcomm's (QCOM) Decision Not to Split 'Makes Sense' at Cowen - Reiterates Outperform

December 15, 2015 4:26 PM EST

Cowen maintained an Outperform rating on Qualcomm (NASDAQ: QCOM), and cut the price target to $67.00 (from $69.00), following the company's decision not to split. Cowen says that the decision "makes sense" in the context of QCOM's position in shaping the 5G standard, as... More