Qualcomm (QCOM) Stock: $168 Target And Buy Rating

By Amit Chowdhry ● Updated June 29, 2022
  • The shares of Qualcomm, Inc. (NASDAQ: QCOM) have received a $168 price target from Mizuho. These are the details.

The shares of Qualcomm, Inc. (NASDAQ: QCOM) have received a $168 price target from Mizuho. And Mizuho analyst Vijay Rakesh is maintaining a “Buy” rating on the shares.

Rakesh adjusted the rating after the checks into the handset supply chain continue to indicate downside risk to the June quarter and the second half of 2022 consensus expectations with headwinds like the slower China reopening, weaker consumer demand, and inventory build.

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