Qualcomm and LG Electronics Resolve Arbitration Dispute Over Licensing Terms

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Mizuho Securities Raises Price Target on Qualcomm (QCOM) Following an In-Line 2Q Report

April 21, 2016 8:56 AM EDT

Mizuho Securities reiterated a Neutral rating on Qualcomm (NASDAQ: QCOM), and raised the price target to $50.00 (from $49.00), following the company's 2Q earnings report. QCOM reported in-line results with revenues of $5.5B vs consensus of $5.3B. EPS was reported at $1.04 compared to $0.97 consensus estimates.... More