From Financial Modeling Prep: 2024-12-09 08:44:00

Melius Research started coverage on Qualcomm (NASDAQ:QCOM) with a Hold rating and a $180 price target, based on a valuation of 14 times the firm’s fiscal 2027 earnings per share estimate of $12.52. Despite Qualcomm’s reputation for innovation in mobile technology, concerns over slowing growth have impacted revenue growth projections, leading to a lower valuation compared to peers.



Read more at Financial Modeling Prep:: Qualcomm Initiated at Hold with $180 Price Target …