UBS Maintains Neutral on Qualcomm, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Neutral rating on Qualcomm (NASDAQ:QCOM) and raises the price target from $165 to $175.
May 02, 2024 | 1:22 pm
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POSITIVE IMPACT
UBS maintains a Neutral rating on Qualcomm and increases the price target to $175.
The increase in price target by UBS suggests a positive outlook on Qualcomm's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90