Following media reports that the Department of Justice, Department of Defense and Department of Energy all asked the 9th Circuit Court to stay the antitrust ruling against Qualcomm, Morgan Stanley analyst James Faucette said he believes that a court-ordered stay, or even getting the ruling overturned, would be the fastest way to rebuild the investment case for the stock. While he has expressed the opinion that the actual impact of the ruling would ultimately be negligible, a speedy stay that leads to an overturning, or at least penalties, will have a "much bigger impact on long-term investor sentiment than a slow-drip process," Faucette contends. He keeps an Overweight rating and $95 price target on Qualcomm shares.

What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 22-26. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here