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Enter Symbol:
Rating: QCOM
Buy $70

Qualcomm Incorporated (NASDAQ: QCOM) reiterated to Buy with price target $70 by Argus

Thursday,  Jan 14, 2016  8:25 AM ET by Dave Ficere

Argus reiterated Qualcomm Incorporated (NASDAQ: QCOM) to Buy with
price target $70. Previously Argus rated Buy Qualcomm Incorporated (NASDAQ: QCOM) on 02/24/2009, when the stock price was $33.99.

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)

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system

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