Citigroup Maintains Neutral on Qualcomm, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a Neutral rating on Qualcomm (NASDAQ:QCOM) but raises the price target from $170 to $200.
July 15, 2024 | 2:41 pm
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Citigroup analyst Christopher Danely maintains a Neutral rating on Qualcomm but raises the price target from $170 to $200.
The raised price target from $170 to $200 suggests a positive outlook for Qualcomm's stock, despite the Neutral rating. This could lead to a short-term increase in stock price as investors react to the higher target.
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