Qualcomm Incorporated (NASDAQ: QCOM) reiterated to Buy with price target $57 by Rosenblatt
The Rosenblatt advised against investing in this stock and the price has fallen for a loss. The price fell from $60.22 on 10/22/2015 to $44.18 on 01/28/2016. Rosenblatt reiterated Qualcomm
Incorporated (NASDAQ: QCOM) to Buy with price target $57 with today's price of $44.18. Rosenblatt rated Qualcomm Incorporated (NASDAQ: QCOM) to Buy with price target $65 on 10/22/2015, when the price was $60.22. Qualcomm Incorporated's stock price lost 27% since then. By following the previous Rosenblatt's recommendation on QCOM, you would have lost 27% in 98 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)