Canaccord analyst T. Michael Walkley raised his price target on Qualcomm to $115 from $101 as he believes the courts could overturn the current stay in addition to being well positioned to benefit from the transition to 5G. He is maintaining his estimates but raised his rice target on expectations of an increased multiple. Walkley reiterated his Buy rating on Qualcomm 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