QUALCOMM, Inc. (QCOM) Stock Rises 2.89% on Upgrade

 

QUALCOMM, Inc. (QCOM) stock was upgraded from “Neutral” to “Buy” by Bank of America analysts Thursday. QCOM stock has risen 74.87% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives QCOM stock a score of 77 out of a possible 100.

That score is mainly influenced by a long-term technical score of 100. QCOM’s score also includes a short-term technical score of 99. The fundamental score for QCOM is 32. In addition to the average rating from Wall Street analysts, QCOM stock has a mean target price of $77.37. This means analysts expect the stock to decline 12.94% over the next 12 months.

Click Here to get the full Stock Score Report on QUALCOMM, Inc. (QCOM).

What’s Happening with QCOM Stock Today

QUALCOMM, Inc. (QCOM) stock is up 2.89% while the S&P 500 has risen 0.07% as of 11:00 AM on Thursday, May 2. QCOM has risen $2.50 from the previous closing price of $86.37 on volume of 18,990,761 shares. Over the past year the S&P 500 is up 10.21% while QCOM has risen 74.87%. QCOM lost -$3.03 per share in the over the last 12 months.

Symbols: QCOM

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