Canaccord analyst T. Michael Walkley maintained a Buy rating and $105 price target on Qualcomm after the Commerce Department added Huawei and its affiliates to its "Entity List" prohibiting U.S.-origin technology to be supplied to Huawei without a license. In a research note to investors, Walkley says he believesHuawei represents a minor customer for Qualcomm's QCT unit, and thinks Huawei losing share in the handset market is a net positive for Qualcomm as that share loss is likely to handset OEMs that are paying full device royalties to Qualcomm. Despite the near-term uncertainty from the Huawei ban to the wireless infrastructure and handset markets, the analyst says he believes Qualcomm remains an attractive investment opportunity and thinks the sell off is overdone.