Vetr Inc. disclosed QUALCOMM, Inc. (NASDAQ:QCOM), hiking its price target to $76.60 earlier today
- Updated: November 27, 2016
Reporting a potential upside of 0.12%, Vetr Inc. upped the price target of QUALCOMM, Inc. (NASDAQ:QCOM) to $76.60
On 11/22/2016, Vetr Inc. released a statement on QUALCOMM, Inc. (NASDAQ:QCOM) upped the target price from $0.00 to $76.04 that suggested an upside of 0.11%.
Having a price of $68.29, QUALCOMM, Inc. (NASDAQ:QCOM) traded 0.23% higher on the day. With the last close up 12.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. QCOM has recorded a 50-day average of $67.26 and a two hundred day average of $60.72. Trade Volume was down over the average, with 0 shares of QCOM changing hands under the typical 9,984,780
Recent Performance Chart
QUALCOMM, Inc. has price-earnings ratio of 17.92 with a one year low of $42.24 and a one year high of $71.62 and has a total market value of $0.
A total of 25 equity analysts have released a research note on QCOM. Seven equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity 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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