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Northland Capital upgraded Qualcomm Inc. (NDAQ:QCOM) from Market Perform to Outperform in a report released today.

Northland Capital has upgraded Qualcomm Inc. (NDAQ:QCOM) from Market Perform to Outperform in a report released on 9/15/2017.

On Tuesday July 18, 2017, Morgan Stanley released a statement about Qualcomm Inc. (NDAQ:QCOM) upped the target price from $55.00 to $60.00 that suggested an upside of 0.07%.

Displaying a price of $52.17, Qualcomm Inc. (NDAQ:QCOM) traded 1.40% higher on the day. With the last close down -5.27% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the date range. Qualcomm Inc. has recorded a 50-day average of $52.12 and a two hundred day average of $55.10. Trading volume was down over the average, with 4,154,745 shares of QCOM changing hands under the typical 8,490,300

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Qualcomm Inc. (NDAQ:QCOM)

Qualcomm Inc. has a PE ratio of 19.99 with a one year low of $48.92 and a one year high of $71.62 Qualcomm Inc.’s market capitalization is presently $0.

A total of 25 analysts have released a report on Qualcomm Inc.. 7 firms rating the stock a strong buy, 10 brokerages rating the stock a buy, 16 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $57.19.

General Company Details For Qualcomm Inc. (NDAQ:QCOM)

QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access (CDMA). The Company is engaged in the development and commercialization of the orthogonal frequency division multiple access (OFDMA) family of technologies, including long-term evolution (LTE), which is an Orthogonal Frequency Division Multiplexing (OFDM)-based standard that uses OFDMA and single-carrier Frequency Division Multiple Access (FDMA), for cellular wireless communication applications. The Company's segments include QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives). The Company also develops and commercializes a range of other technologies used in handsets and tablets that contribute to end user demand. The Company's products principally consist of integrated circuits (chips or chipsets) and system software used in mobile devices and in wireless networks.

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