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Qualcomm (QCOM) PT Lowered to $55 at Deutsche Bank

April 26, 2018 7:48 AM EDT

Deutsche Bank lowered its price target on Qualcomm (NASDAQ: QCOM) to $55.00 (from $60.00) while maintaining a Hold rating.

Analyst Ross Seymore commented, "While QCOMs QCT segment was solid in F2Q and much better than feared in F3Q (seasonally normal), uncertainties... More