UPDATE: Qualcomm, Inc. (QCOM) Reports In-Line Q3 EPS; Boosts FY13 Outlook

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Go back to UPDATE: Qualcomm, Inc. (QCOM) Reports In-Line Q3 EPS; Boosts FY13 Outlook

Qualcomm (QCOM) PT Raised at Nomura Following Q3 Earnings

July 25, 2013 9:08 AM EDT

Nomura Securities analyst Romit Shah raised his price target on Qualcomm (NASDAQ: QCOM) from $75 to $78 following Q3 results.

"Qualcomm has been underperforming the market consistently throughout 2013 due to investor concerns over declining handset asps, expense growth, weak handset shipments and a rising share... More

Party Over at High End of Smartphone Market; Citi Cuts Qualcomm (QCOM), Avago (AVGO), and MagnaChip Semi (MX)

July 25, 2013 6:46 AM EDT

(Updated - July 25, 2013 10:12 AM EDT)

Citi downgraded Qualcomm (NASDAQ: QCOM) from Buy to Neutral with a price target of $70 from $81. Avago Technologies Limited (Nasdaq: AVGO) and MagnaChip Semiconductor Corporation (NYSE: MX) were also... More