Qualcomm (QCOM) Declares $0.62 Quarterly Dividend; 2.7% Yield

Wall Street hits new highs in strongest week since August

January 17, 2020 8:03 AM EST

By Noel Randewich

(Reuters) - Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

Market sentiment brightened further this week after the United States and China sealed a Phase 1 trade deal, pausing an 18-month tariff dispute that has weighed on financial markets globally.

Earlier in the day, data showed China ended 2019 on a somewhat firmer note, even as economic growth cooled to its weakest in nearly 30... More

Apple (AAPL) Supply Chain Checks Imply a $30 Component Price Reduction - Raymond James

January 17, 2020 6:49 AM EST

Raymond James Semiconductor analyst, Chris Caso, published a note highlighting an interesting derivative data point Apple (NASDAQ: AAPL) while doing supply chain checks. He believes a change in component could reduce the BOM by $30 for mmWave. While he does not specify whether the... More

Qualcomm (QCOM) calls more active than puts

January 17, 2020 4:58 AM EST

Qualcomm (NASDAQ: QCOM) January weekly call option implied volatility is at 25, February is at 32; compared to its 52-week range of 25 to 43 into 5G 2020. Call put ratio 2.8 calls to 1 put.

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Citi Upgrades Qualcomm (QCOM) to Buy

January 17, 2020 3:58 AM EST

(Updated - January 17, 2020 4:38 AM EST)

(updating comment)

Citi analyst Christopher Danely upgraded Qualcomm (NASDAQ: QCOM) from Neutral to Buy with a price target of $108.00.

The analyst comments "We are raising estimates and upgrading QCOM from Neutral to... More

Qualcomm (QCOM) Trades at High, Up 2.6%

January 16, 2020 12:04 PM EST

Qualcomm (NASDAQ: QCOM) Trades at High, Up 2.6%

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Qualcomm (QCOM) PT Raised to $115 at Canaccord Genuity; Sees Strong Sequential Revenue Growth

January 15, 2020 8:38 AM EST

Canaccord Genuity analyst T. Michael Walkley raised the price target on Qualcomm (NASDAQ: QCOM) to $115.00 (from $101.00) while maintaining a Buy rating, saying Anticipate strong sequential revenue growth in F2020 with strong EPS growth in F2021

The analyst commented, "We maintain our positive thesis, as we... More

DZ Bank Upgrades Qualcomm (QCOM) to Buy

January 15, 2020 4:33 AM EST

DZ Bank analyst Ingo Wermann upgraded Qualcomm (NASDAQ: QCOM) from Hold to Buy with a price target of $104.00.

For an analyst ratings summary and ratings history on Qualcomm click here. For more ratings news on Qualcomm click here.

Shares of Qualcomm closed at $90.56 yesterday.

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