There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on First Solar (FSLR – Research Report) and Qualcomm (QCOM – Research Report) with bullish sentiments.
Qualcomm (QCOM)
In a report released yesterday, Harsh Kumar from Piper Sandler maintained a Buy rating on Qualcomm, with a price target of $185.00. The company’s shares closed last Wednesday at $164.11.
According to TipRanks.com, Kumar is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Qualcomm with a $184.50 average price target, implying a 12.2% upside from current levels. In a report issued on April 23, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $200.00 price target.
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