Wall Street falls after Fed statement, energy shares tumble
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- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Needham Starts NeoVolta (NEOV) at Buy
- Rockstar Games opens GTA VI pre-orders, priced at $79.99
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Rubio meets Gulf leaders, pledges security amid Iran deal doubts
Qualcomm (QCOM) PT Lowered to $60 at BMO Capital
November 8, 2018 8:48 AM ESTBMO 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
Qualcomm (QCOM) PT Lowered to $75 at Susquehanna
November 8, 2018 8:46 AM ESTSusquehanna 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."
... More