Source: www.benzinga.com --- Monday, March 28, 2016
Barclays’ Christopher Hemmelgarn downgraded the rating for QUALCOMM, Inc. (NASDAQ: QCOM ) from Overweight to Equal-weight, while reducing the price target from $55 to $50. Although for months there has been speculation of Intel Corporation (NASDAQ: INTC ) securing a portion of the IP7, the impact on Qualcomm is not clear as yet. Analyst Christopher Hemmelgarn added, “[W]e are moving to the sidelines until this transition and QCOM's response is better understood.” Impact On Modem Business Intel is widely expected to take some share at Apple Inc. (NASDAQ: AAPL ) in 2016. Checks have not revealed the percent allocation that Intel will get. Hemmelgarn mentioned, however, ... Full story available on Benzinga.com ...
from Apple http://ift.tt/1XY6snc
No comments:
Post a Comment