Qualcomm Announces Agreement with Apple for Chip Supply
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Deutsche Bank on Qualcomm (QCOM) Deal with Apple (AAPL): 'clearly a positive for QCOM'
September 11, 2023 9:25 AM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $120.00 price target on Qualcomm (NASDAQ: QCOM).
The analyst comments "This announcement is clearly a positive for QCOM, with eventual AAPL loss now not expected until 2026 at the earliest (vs. prior expectations of 2024).... More
Rosenblatt on Qualcomm (QCOM) and Apple (AAPL) Supply Agreement: 'We view this as positive news for QCOM shares today'
September 11, 2023 8:41 AM EDTRosenblatt analyst Kevin E. Cassidy reiterated a Buy rating and $145.00 price target on Qualcomm (NASDAQ: QCOM)
The analyst comments "With a press release this morning, Qualcomm announced signing a Snapdragon 5G Modem-RF Systems supply agreement with Apple for smartphones launches in 2024, 2025 and 2026. Previous... More
Evercore ISI on Qualcomm (QCOM): 'New Apple Supply Agreement a Clear Positive For EPS Trajectory Into Next Mobile Upturn'
September 11, 2023 8:39 AM EDTEvercore ISI analyst C.J. Muse reiterated an In Line rating and $140.00 price target on Qualcomm (NASDAQ: QCOM).
The analyst comments "QCOM this morning announced that it has entered into an agreement with Apple to supply Snapdragon 5G ModemRF Systems for smartphone launches in 2024, 2025 and 2026. QCOM now assumes 20% share of... More
