Qualcomm shares are trading higher after Citigroup maintained a Neutral rating on the stock but raised the price target from $170 to $200.
Portfolio Pulse from Benzinga Newsdesk
Qualcomm shares are trading higher after Citigroup maintained a Neutral rating on the stock but raised the price target from $170 to $200.
July 15, 2024 | 2:46 pm
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Qualcomm shares are trading higher following Citigroup's decision to maintain a Neutral rating but raise the price target from $170 to $200.
The increase in price target from $170 to $200 by Citigroup suggests a positive outlook for Qualcomm, which is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100