Morgan Stanley Maintains Equal-Weight on Qualcomm, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on Qualcomm (NASDAQ:QCOM) and increased the price target from $158 to $172.
May 02, 2024 | 11:26 am
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Morgan Stanley has maintained an Equal-Weight rating on Qualcomm and raised the price target from $158 to $172.
The increase in price target by Morgan Stanley suggests a positive outlook on Qualcomm's stock, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100