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Qualcomm stock price forecast for Q3 2021 as Canaccord raised price target to $225 per share

Qualcomm stock price forecast for Q3 2021 as Canaccord raised price target to $225 per share

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On Friday, Qualcomm Inc. (NASDAQ:QCOM) shares edged slightly higher after Canaccord Genuity analysts raised their price target from $200 to $225 per share. Analyst Michael Walkley cited the company’s contract with Apple and new business with Android phone makers will boost 5G sales in the future.

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