QCOM Stock: $155 Target (Down From $175) By Susquehanna

By Amit Chowdhry ● April 20, 2021
  • The shares of Qualcomm, Inc. (NASDAQ: QCOM) have received a price target decrease from $175 to $155 by Susquehanna. These are the details.

The shares of Qualcomm, Inc. (NASDAQ: QCOM) have received a price target decrease from $175 to $155 by Susquehanna. And Susquehanna analyst Christopher Rolland assigned Qualcomm a rating from “Positive” to “Neutral.”

Rolland pointed out that the valuation multiples and lead times expand in concert, which he believes enough risk accumulated in order to make the downgrade call.

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