Cantor Fitzgerald Maintains Neutral on Qualcomm, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained a Neutral rating on Qualcomm (NASDAQ:QCOM) but has lowered its price target from $215 to $160.
October 08, 2024 | 7:12 pm
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Cantor Fitzgerald has maintained a Neutral rating on Qualcomm but has significantly lowered its price target from $215 to $160, indicating a less optimistic outlook.
The reduction in price target from $215 to $160 by Cantor Fitzgerald suggests a less favorable view on Qualcomm's future performance, which could negatively impact investor sentiment and the stock price in the short term.
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