Under Reporting by Chinese OEMs Forces Qualcomm (QCOM) to Guide Lower - FBR
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Nomura Securities Downgrades Qualcomm (QCOM) to Neutral
November 9, 2015 8:13 AM ESTNomura Securities downgraded Qualcomm (NASDAQ: QCOM) from Buy to Neutral with a price target of $60.00 (from $75.00).
Analyst Romit Shah commented, "Admittedly, we should have made this change when issues with China surfaced a year ago. Our thesis was that Licensing (QTL) has... More
Cowen Trims PT on Qualcomm (QCOM) to $69; QCT Faring Better, QTL Worse
November 5, 2015 12:01 PM ESTCowen and Company is lowering its price target on Outperform-rated Qualcomm (Nasdaq: QCOM) from $72 to $69 following Q3 results issued Wednesday night.
On the results, Analyst Tim Arcuri commented, While QCT we believe has found a bottom, QTL collections continue to lag... More
UPDATE: Qualcomm (QCOM) Tops Q4 EPS by 5c
November 4, 2015 4:02 PM EST(Updated - November 4, 2015 4:16 PM EST)
Qualcomm (NASDAQ: QCOM) reported Q4 EPS of $0.91, $0.05 better than the analyst estimate of $0.86. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.21 billion.
Our fiscal fourth quarter revenues and EPS were at the high end... More
