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Fly News Breaks for November 23, 2015
QCOM
Nov 23, 2015 | 07:26 EDT
RBC Capital believes that Qualcomm's stock is reflecting a worst case scenario, and the firm thinks the company's outlook is showing some stabilization.The firm thinks that the stock could be boosted by future data points. It cut its price target on the stock to $63 from $72 but keeps an Outperform rating.