Qualcomm results beat help allay worries over Apple dispute
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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 EDTWells 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 EDTStifel 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
