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.
March 11, 2024 | 4:24 pm
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NEUTRAL IMPACT
Cantor Fitzgerald reaffirmed a Neutral rating on Qualcomm with a $150 price target.
The reiteration of a Neutral rating and maintenance of a $150 price target by Cantor Fitzgerald suggests that the analyst's view on Qualcomm has not changed significantly. This likely indicates stability in the company's outlook according to the analyst's assessment. The direct mention of Qualcomm with specific financial metrics (price target) increases the relevance and importance of this news for investors in QCOM. However, since there is no change in the rating or price target, the immediate impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100