Qualcomm (QCOM) Catch-Up Masks Weak EPS Guide - BMO Capital

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Rosenblatt Downgrades Qualcomm (QCOM) to Neutral

April 21, 2016 10:04 AM EDT

Rosenblatt downgraded Qualcomm (NASDAQ: QCOM) from Buy to Neutral with a price target of $57.00.

Analyst Jun Zhang highlights:

Qualcomm reported a better March quarter and provided mixed guidance for the June quarter. It is in our view that smartphone growth... More

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