AISeeking Alphaabout 3 hours ago
Qualcomm Buy Rating with $299 Target
1 min read
Qualcomm receives a Buy rating with a $299 price target, representing 42% upside. Growth drivers include handset normalization, hyperscaler custom silicon, Automotive ADAS, industrial IoT, and buybacks. The SpaceX IPO broadened focus on distributed AI infrastructure. Risks include slower handset recovery and margin pressure.
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