Qualcomm Inc. (NASDAQ:QCOM) is considered one of the most undervalued quality stocks to buy right now. Cantor Fitzgerald recently lowered its price target for Qualcomm to $160 from $185, citing conservative guidance and market share shifts. Mizuho analyst Vijay Rakesh also reduced the price target to $160 from $175 due to industry trends.

The company develops and commercializes foundational technologies for the wireless industry globally. It operates through three segments: Qualcomm CDMA Technologies/QCT, Qualcomm Technology Licensing/QTL, and Qualcomm Strategic Initiatives/QSI. While Qualcomm has investment potential, some AI stocks may offer greater upside potential and less downside risk.

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Read more at Yahoo Finance: Cantor Fitzgerald Lowers Qualcomm (QCOM) PT to $160, Cites Conservative Guidanc, Looming Market Share Shifts