Piper Sandler Reiterates Overweight on Qualcomm, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has reiterated an Overweight rating on Qualcomm (NASDAQ:QCOM) and raised the price target from $185 to $205.
August 01, 2024 | 3:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Piper Sandler analyst Harsh Kumar has reiterated an Overweight rating on Qualcomm and raised the price target from $185 to $205.
The reiteration of an Overweight rating and the increase in the price target from $185 to $205 by Piper Sandler is a positive signal for Qualcomm. This suggests that the analyst expects the stock to perform well, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100