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Qualcomm Shares Climb 10% After Earnings Beat. Analysts Share Their Take

Benzinga ·  May 2 14:57

Technology company$Qualcomm (QCOM.US)$shares climbed about 10% after the company reported second-quarter financial results Wednesday that saw revenue and earnings per share beat estimates from analysts.

Analysts share their takes on the quarter and what's ahead for the company.

  • Cantor Fitzgerald analyst C.J. Muse has a Neutral rating and $190 price target.

  • KeyBanc analyst John Vinh has an Overweight rating and $205 price target.

  • Oppenheimer analyst Rick Schafer has a Perform rating and no price target.

  • JPMorgan analyst Samik Chatterjee has an Overweight rating and raises the price target from $170 to $185.

  • Rosenblatt analyst Kevin Cassidy has a Buy rating and...

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