Canaccord Genuity Maintains Buy on Qualcomm, Raises Price Target to $206
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Walkley has maintained a Buy rating on Qualcomm (NASDAQ:QCOM) and increased the price target from $180 to $206.
May 02, 2024 | 7:23 pm
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Canaccord Genuity has reaffirmed its Buy rating on Qualcomm and raised the price target to $206 from $180.
The increase in price target by Canaccord Genuity reflects a positive outlook on Qualcomm's future performance. This endorsement from a reputable analyst firm could lead to increased investor confidence and potentially drive up the stock price in the short term.
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