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Qualcomm Incorporated (QCOM) [hlAlert]

Rating:
Buy QCOM
down 22.51 %

Qualcomm Incorporated (QCOM) upgraded to Buy by Citigroup

Posted on: Wednesday,  Dec 11, 2013  8:25 AM ET by Citigroup

Citigroup rated Buy Qualcomm Incorporated (NASDAQ: QCOM) on 12/11/2013, when the stock price was $74.03. Since
then, Qualcomm Incorporated has lost 22.52% as of 01/28/2016's recent price of $57.36.
If you would have followed this Citigroup's recommendation on QCOM, you would have lost 22.51% of your investment in 778 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)

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2013 8:25 AM Buy
None
74.03
as of 12/13/2013
1 Week down  -1.95 %
1 Month down  -1.95 %
3 Months down  -1.95 %
1 YTD up  1.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2013 8:25 AM Hold
None
63.76
7/9/2008 8:25 AM Buy
None
47.67 61.00

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