JP Morgan Maintains Overweight on Qualcomm, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Qualcomm (NASDAQ:QCOM) and raises the price target from $170 to $185.
May 02, 2024 | 3:59 pm
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JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Qualcomm and raises the price target from $170 to $185.
The increase in Qualcomm's price target by a reputable analyst from JP Morgan suggests a positive outlook on the stock's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100