Form 4 QUALCOMM INC/DE For: Sep 28 Filed by: ABERLE DEREK K
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Cowen Boosts PT on Qualcomm (QCOM) to $74 Amid NXP Semi (NXPI) Chatter; Xilinx (XLNX) Also Seen as Potential Suitor
September 30, 2016 6:42 AM EDTCowen boosts its price target on Outperform-rated Qualcomm (Nasdaq: QCOM) from $62 to $74 following chatter that the company and NXP Semi (Nasdaq: NXPI) might be in merger talks.
Analyst Tim Arcuri commented late Thursday, With smartphone units having slowed, QCOM re-trenching somewhat in China to the mid to higher end, and a diversified modem strategy from AAPL, we believe QCOM... More
