Bernstein Downgrades QUALCOMM To Market Perform

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Bernstein downgraded QUALCOMM
QCOM
from Outperform to Market Perform. The target price for QUALCOMM has been lowered from $85.00 to $80.00. QUALCOMM shares have surged 17.78% over the past 52 weeks, while the S&P 500 index has gained 16.87% in the same period. QUALCOMM's shares gained 0.97% to close at $76.04 yesterday.
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Posted In: DowngradesAnalyst RatingsBernstein
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