UPDATE: BofA/Merrill Lynch Upgrades Qualcomm (QCOM) to Buy

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UPDATE: Raymond James Upgrades Qualcomm (QCOM) to Strong Buy

May 2, 2019 6:39 AM EDT

(Updated - May 2, 2019 7:39 AM EDT)

Raymond James analyst Chris Caso upgraded Qualcomm (NASDAQ: QCOM) from Outperform to Strong Buy with a price target of $115.00 (from $85.00).

The analyst comments "While we had already been positive on the stock ahead of the... More