Qualcomm (QCOM) Tops Q2 EPS by 15c; Guides In-Line

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Wells Fargo Reiterates Outperform Rating and $70-$80 VR on Qualcomm (QCOM) Following 2Q Report

April 20, 2017 7:56 AM EDT

Wells Fargo reiterates Outperform rating and $70-$80 valuation range on Qualcomm (NASDAQ: QCOM) following the company's second quarter earnings report.

Analyst David Wong notes the company reported second quarter revenue of $5 billion, down 9% year over year and below management's midpoint guidance range... More

Qualcomm (QCOM) PT Raised to $65 at Stifel; Reiterates Buy

April 20, 2017 7:50 AM EDT

Stifel raised its price target on Qualcomm (NASDAQ: QCOM) to $65.00 (from $64.00) while maintaining a Buy rating. 2Q Non-GAAP revenue of $5.99bn was flat q/q and up 8.1% y/y, above the Street estimate of $5.86bn. The company reported non-GAAP EPS of $1.34, above the Street... More