Qualcomm Achieves Analyst Target Price Milestone

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Qualcomm Inc (QCOM) shares reached $153.95, surpassing the average analyst target price of $150.38. This event prompts potential reactions from analysts, including downgrades or upward adjustments to target prices based on the company’s performance.

A total of 23 analysts contributed to Qualcomm’s average target price, which has a standard deviation of $19.897. Analyst price targets range from $100 to $180, with 15 strong buy ratings, 9 hold ratings, and 1 strong sell rating currently recorded. The average rating is 1.88 on a scale where 1 is strong buy and 5 is strong sell.

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