Wall Street falls after Fed statement, energy shares tumble

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Qualcomm (QCOM) PT Lowered to $60 at BMO Capital

November 8, 2018 8:48 AM EST

BMO Capital analyst Tim Long lowered the price target on Qualcomm (NASDAQ: QCOM) to $60.00 (from $64.00) while maintaining a Market Perform rating.

Long commented, "September quarter results were slightly better than expected on strong QCT performance. Guidance for December was much worse than... More

Qualcomm (QCOM) PT Lowered to $75 at Susquehanna

November 8, 2018 8:46 AM EST

Susquehanna analyst Christopher Rolland lowered the price target on Qualcomm (NASDAQ: QCOM) to $75.00 (from $84.00) while maintaining a Positive rating.

"Lowering estimates as 1H19 now appears worse than expected," Rolland commented. "But we remain hopeful as bona fide ramp for 5G handsets are set to begin in 2H19."

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