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Fly News Breaks for March 4, 2020
Mar 4, 2020 | 06:05 EDT
Piper Sandler analyst Harsh Kumar initiated coverage of Qualcomm with a Neutral rating and $80 price target. The analyst believes the current valuation properly reflects the company's positioning in 5G mobile. Further, Kumar is "wary" of the stock's current valuation given the potential near-term coronavirus risk to 5G handsets and he's "currently uncertain" about Qualcomm's lead in radio frequency.
News For QCOM From the Last 2 Days
Jun 5, 2020 | 10:06 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Veeco (VECO) initiated with an Outperform at Oppenheimer. 2. Cactus (WHD) initiated with a Hold at Stifel. 3. Fennec (FENC) initiated with an Overweight at Cantor Fitzgerald. 4. Super Micro Computer (SMCI) initiated with a Buy at Loop Capital. 5. Qualcomm (QCOM) initiated with a Buy at Rosenblatt. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.