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Oppenheimer Cuts Price Target on Qualcomm (QCOM) Following 3Q15 Results
July 23, 2015 9:26 AM EDTOppenheimer reiterated an Outperform rating on Qualcomm (NASDAQ: QCOM), and cut the price target to $70.00 (from $75.00), following 3Q15. QCOM reported Sales of $5.83B and EPS of $0.99 vs. Street expectations of $5.85B and $0.95 respectively. Analyst Ittai Kidron said that from a fundamental standpoint there is... More
Qualcomm (QCOM) PT Lowered to $75 at Canaccord Genuity
July 23, 2015 8:15 AM EDTCanaccord Genuity analyst T. Michael Walkley trimmed his price target on Qualcomm (NASDAQ: QCOM) to $75.00 (from $77.00) following earnings and the company's realignment plans.
Walkley commented, "alcomm reported Q3/F2015 results with pro forma EPS of $0.99 above our $0.93 estimate due to slightly stronger QCT shipments and a lower share count given... More
