Qualcomm (QCOM) Could Trade Back to $55-$60 Range if Broadcom (AVGO) Drops Bid - Stifel
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Price: $347.30 +2.29%
Rating Summary:
51 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 3 | Down: 10 | New: 43
Rating Summary:
51 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 3 | Down: 10 | New: 43
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Stifel analsyt Kevin E. Cassidy said if Broadcom (NASDAQ: AVGO) withdraws its bid for Qualcomm (NASDAQ: QCOM), following the raised NXP bid, they expect QCOM's share price could return to the $55 - $60/share price range.
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