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Goldman Sachs Upgrades Qualcomm To Neutral, Increased Price Target Signifies 6% Upside

Goldman Sachs Upgrades Qualcomm To Neutral, Increased Price Target Signifies 6% Upside

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Goldman Sachs analyst Rod Hall upgraded Qualcomm Inc (NASDAQ: QCOM) to Neutral from Sell with a price target of $148, up from $136, implying a 5.93% upside. Qualcomm is poised to benefit from multiple tailwinds in the second half of 2021, including an earlier Apple Inc’s (NASDAQ: AAPL) iPhone launch and improving supply situation, Hall believes.

...read full article on Benzinga

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