Qualcomm Announces Termination of NXP Acquisition and Board Authorization for $30 Billion Stock Repurchase Program

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Go back to Qualcomm Announces Termination of NXP Acquisition and Board Authorization for $30 Billion Stock Repurchase Program

Qualcomm (QCOM) PT Raised to $72 at RBC Capital

July 26, 2018 8:38 AM EDT

RBC Capital raised its price target on Qualcomm (NASDAQ: QCOM) to $72.00 (from $70.00) while maintaining an Outperform rating following results.

Analyst Amit Daryanani commented, "QCOM delivered solid results and guidance, and more importantly provided better clarity on capital management."

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