Piper Sandler Maintains Overweight on Qualcomm, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has maintained an 'Overweight' rating on Qualcomm (NASDAQ:QCOM) and raised the price target from $120 to $140.
August 04, 2023 | 2:17 pm
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Piper Sandler has maintained an 'Overweight' rating on Qualcomm and raised the price target from $120 to $140, indicating a positive outlook for the company.
The raised price target by Piper Sandler indicates a positive outlook for Qualcomm. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100