This Is What Whales Are Betting On Qualcomm
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Qualcomm (NASDAQ:QCOM), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $60.0 to $140.0 for Qualcomm over the last 3 months. The price of QCOM is currently down -1.78% at $117.95. Mizuho has downgraded its action to Buy with a price target of $140.
July 05, 2023 | 3:03 pm
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Bullish stance by a whale investor and Mizuho's downgrade to Buy with a price target of $140 could influence Qualcomm's stock.
The bullish stance by a whale investor indicates a positive sentiment towards Qualcomm. This, coupled with Mizuho's downgrade to Buy with a price target of $140, could potentially drive the stock price up in the short term.
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