After activist investor JANA Partners took a stake of over $2B in Qualcomm and advocated separating the company's chipset and licensing businesses, Bernstein disagrees with JANA, saying that the two businesses are probably worth much more together than they are apart. Bernstein is cautious about the long-term outlook of Qualcomm's business and keeps a Market Perform rating on the shares.
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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