Qualcomm, Inc. (QCOM) Tops Q2 EPS by 9c; Guides Q3 to Low-Side of Consensus

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Go back to Qualcomm, Inc. (QCOM) Tops Q2 EPS by 9c; Guides Q3 to Low-Side of Consensus

Buy Qualcomm (QCOM) Pullback, Says Goldman Sachs

April 24, 2014 8:16 AM EDT

Goldman Sachs reiterated a Conviction Buy on Qualcomm (NASDAQ: QCOM) with a price target of $90.00. The stock declined after reporting Q2 results and guidance. Analyst Simona Jankowski thinks investors should buy the pullback.

"We would use the pullback as a buying opportunity ahead of a strong... More