Wells Fargo, one of the ‘Big Four Banks,’ raised its Qualcomm (NASDAQ: QCOM) stock price target from $160 to $230 on June 12, maintaining an ‘Equal Weight’ rating on the shares. The new price forecast represents a 43% increase from the bank’s previous target, as well as a roughly 13% upside from the last closing price of $202.96 In comparison, the Bank of America Securities (BofA) reiterated a ‘Sell’ rating on the communications firm on June 11,…
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