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Fly News Breaks for February 21, 2018
AVGO, QCOM
Feb 21, 2018 | 13:35 EDT
Stifel analyst Kevin Cassidy said earlier that Broadcom's (AVGO) lower offer of $79 per share may concern Qualcomm (QCOM) shareholders and motivate a vote for Broadcom board nominees. He now views the Broadcom acquisition as unlikely given the lower offer and cut his price target on Qualcomm shares to $68 from $82. Cassidy, who added that his "unscientific conversations" with Qualcomm shareholders reveal they are not convinced the company can earn $6.75-$7.50 per share in FY19, keeps a Hold rating on Qualcomm shares.
News For QCOM;AVGO From the Last 2 Days
QCOM
Apr 23, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
QCOM
Apr 23, 2024 | 11:57 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here