Citi has raised the Price Target (PT) for
QUALCOMM (QCOM), maintaining its 'hold' rating.
Stratos Investment Management LLC recently acquired 2,022 shares of the company while Trek Financial has reduced its position. Despite suffering a larger market drop, various institutions like
Poinciana Advisors Group LLC, and Fortem Financial Group invested new holdings in QCOM. The consistent interest in the premium handset vertical is expected to drive the company's growth. Firm's shares have seen some oscillation lately, purchased by some, such as Rogco LP and sold by others like Correct Capital Wealth Management or First Interstate Bank. Qualcomm's expansion into AI data center market with a $2.4Bn investment signals the strong potential of its growth story, but it also has to pay a $75M settlement to investors over anticompetitive claims. In the midst of these developments, stocks like NVDA and QCOM could benefit from a projected humanoid robot boom. However, some potential investors are still unsure whether QCOM is a deep-value play and therefore, hiding gem or not.
Qualcomm QCOM News Analytics from Mon, 14 Apr 2025 07:00:00 GMT to Sun, 13 Jul 2025 00:07:25 GMT -
Rating 3
- Innovation 5
- Information 6
- Rumor -4
