Vetr Inc. disclosed QUALCOMM, Inc. (NASDAQ:QCOM), bumping up its stock price target to $74.42 today
- Updated: January 11, 2017
Boasting a price of $66.10, QUALCOMM, Inc. (NASDAQ:QCOM) traded 0.72% higher on the day. With the last close up 4.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.05% over the date range. QUALCOMM, Inc. has recorded a 50-day average of $67.00 and a two hundred day average of $63.40. Volume of trade was down over the average, with 0 shares of QCOM changing hands under the typical 8,999,340
In a report released on 1/11/2017 Vetr Inc. increased the stock price target of QUALCOMM, Inc. (NASDAQ:QCOM) to $74.42 stating a potential upside of 0.13%.
On 1/03/2017, Vetr Inc. released a statement on QUALCOMM, Inc. (NASDAQ:QCOM) bumped up the target price from $0.00 to $72.42 that suggested an upside of 0.11%.
With a total market value of $0, QUALCOMM, Inc. has price-earnings ratio of 17.35 with a one year low of $42.24 and a one year high of $71.62 .
A total of 25 analysts have released a research note on QCOM. Seven analysts rating the company a strong buy, ten analysts rating the company a buy, sixteen analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $57.19.
More 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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