Rosenblatt Maintains Buy on Qualcomm, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Kevin Cassidy has maintained a Buy rating on Qualcomm (NASDAQ:QCOM) and increased the price target from $160 to $170.
February 01, 2024 | 1:28 pm
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Rosenblatt analyst Kevin Cassidy reaffirms a Buy rating on Qualcomm and raises the price target to $170.
The increase in price target by a reputable analyst like Kevin Cassidy signals a strong confidence in Qualcomm's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100