QUALCOMM, Inc. (NASDAQ:QCOM) has been upgraded to Buy in a statement by Mizuho earlier today.
- Updated: September 29, 2016
Displaying a price of $67.45, QUALCOMM, Inc. (NASDAQ:QCOM) traded 6.30% higher on the day. The last stock close price is up 20.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. QUALCOMM, Inc. has recorded a 50-day average of $62.78 and a two hundred day moving average of $56.17. 43,098,784 shares of the stock were exchanged, up from an avg. volume of 8,783,190
Mizuho has upgraded QUALCOMM, Inc. (NASDAQ:QCOM) to Buy in a report released on 9/29/2016.
On Monday September 26, 2016, Vetr Inc. released a statement about QUALCOMM, Inc. (NASDAQ:QCOM) increased the target price from $0.00 to $71.00. At the time, this indicated a possible upside of 0.13%.
Recent Performance Chart
With a total market value of $0, QUALCOMM, Inc. has 52 week low of $42.24 and a one year high of $68.83 with a PE ratio of 19.75 .
Also covering QUALCOMM, Inc.'s stock price target, a total of 25 brokers have issued a research note on QUALCOMM, Inc.. The 12-month price target is $57.19 with 7 firms rating the stock a strong buy, 10 brokers rating the company a buy, sixteen analysts rating the company a hold, zero analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.
About QUALCOMM, Inc. (NASDAQ: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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