Rosenblatt Downgrades Qualcomm (QCOM) to Neutral
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Mizuho Securities Raises Price Target on Qualcomm (QCOM) Following an In-Line 2Q Report
April 21, 2016 8:56 AM EDTMizuho 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
Qualcomm (QCOM) Catch-Up Masks Weak EPS Guide - BMO Capital
April 21, 2016 7:59 AM EDTBMO Capital analyst, Tim Long, noted that Qualcomm (NASDAQ: QCOM) beat revenues and EPS in the March quarter thanks to higher ASPs for both chips and 3G/4G royalty devices. However, guidance is mixed. MSM units for June are weaker than expected, though this is offset by much higher ASP. No change to the Market Perform... More
