QUALCOMM (NASDAQ:QCOM) Upgraded by StockNews.com to "Strong-Buy" Rating

Market Beat
2025.02.22 04:18
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StockNews.com has upgraded QUALCOMM (NASDAQ:QCOM) from a "buy" to a "strong-buy" rating. The company has received mixed ratings from various analysts, with an average rating of "Moderate Buy" and a price target of $205.32. Despite a recent drop in stock price to $165.43, QUALCOMM reported earnings of $2.86 per share, slightly below expectations. Insider trading activity has seen CFO Akash J. Palkhiwala sell shares, while institutional investors hold 74.35% of the stock. QUALCOMM specializes in wireless technology development and commercialization.