Qualcomm (QCOM) Tops Q4 EPS by 7c, Offers Q1 Guidance
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November 8, 2018 8:48 AM EST
BMO Capital analyst Tim Long lowered the price target on Qualcomm (NASDAQ: QCOM) to $60.00 (from $64.00) while maintaining a Market Perform rating.
Long commented, "September quarter results were slightly better than expected on strong QCT performance. Guidance for December was much worse than... More
November 8, 2018 8:46 AM EST
Susquehanna analyst Christopher Rolland lowered the price target on Qualcomm (NASDAQ: QCOM) to $75.00 (from $84.00) while maintaining a Positive rating.
"Lowering estimates as 1H19 now appears worse than expected," Rolland commented. "But we remain hopeful as bona fide ramp for 5G handsets are set to begin in 2H19."
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November 8, 2018 7:26 AM EST
RBC Capital analyst Amit Daryanani lowered the price target on Qualcomm (NASDAQ: QCOM) to $71.00 (from $77.00) while maintaining an Outperform rating.
Daryanani notes cost containment was offset by soft smartphone demand. Meanwhile, he said all eyes are on the Apple... More
