Qualcomm tops Magna's bid with $4.6 billion offer for Veoneer

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Veoneer (VNE) PT Raised to $37 at Mizuho Securities

August 5, 2021 12:52 PM EDT

Mizuho Securities analyst Vijay Rakesh raised the price target on Veoneer (NYSE: VNE) to $37.00 (from $31.25) while maintaining a Neutral rating.

The analyst commented, "We agree the QCOM-VNE roadmap is a more viable long-term technology roadmap and a premium to the Magna... More