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Qualcomm Incorporated (QCOM) [hlAlert]

Rating:
Neutral QCOM
up 58.36 %

Qualcomm Incorporated (QCOM) downgraded to Neutral by JP Morgan

Posted on: Tuesday,  Feb 12, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Qualcomm Incorporated (NASDAQ: QCOM) on 02/12/2013. Previously JP Morgan rated Overweight Qualcomm Incorporated (NASDAQ: QCOM) on 03/26/2010.,
when the stock price was $41.86. Since then, Qualcomm Incorporated has gained 58.36% as of 02/12/2013's recent price of $66.29.
If you would have followed the previous JP Morgan's recommendation on QCOM, you would have gained 58.36% of your investment in 1054 days.

QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. The company's business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release)

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2013 8:25 AM Hold
None
66.29
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  7.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2010 8:25 AM Buy
None
41.86 48.00
11/19/2007 9:25 AM Buy
None
41.76

(*) Stock Price at the time of the recommendation.
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