Cantor Fitzgerald Reiterates Neutral on Qualcomm, Maintains $150 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Qualcomm (NASDAQ:QCOM) and maintained a $150 price target.
February 01, 2024 | 5:04 pm
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NEUTRAL IMPACT
Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Qualcomm and maintained a $150 price target.
The reiteration of a Neutral rating and maintenance of a $150 price target by Cantor Fitzgerald suggests no significant short-term changes in the analyst's outlook for Qualcomm. This neutral stance indicates that the analyst sees neither significant upside nor downside risks to the current stock price in the near term, hence the score of 0. The high relevance score is due to the direct mention of Qualcomm and the specific analyst action taken. The importance is rated at 75, considering that analyst ratings can influence investor sentiment but this particular reiteration does not signal a change in the analyst's view. The confidence level is at 90, reflecting the clear and direct nature of the analyst's action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100