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Fly News Breaks for January 28, 2016
QCOM
Jan 28, 2016 | 07:20 EDT
Brean Capital lowered its price target on Qualcomm to $60 from $67 following Q4 results. The firm believes the shares are discounting much of the market dynamics and its legal challenges and they see a significant opportunity for the company to regain lost market share and margin in its QCT segment in the second half of 2016. Brean Capital maintained its Buy rating on Qualcomm shares.
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QCOM
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