QUALCOMM, headquartered in San Diego with 50,000 employees, develops technologies for mobile and wireless devices. Its main segments are QCT, which focuses on integrated circuits, and QTL, which manages licensing of patents.
QCOM has been in the news recently: JPMorgan's Samik Chatterjee has rated Qualcomm as overweight with a price target of $185, suggesting a potential upside of 25.3% despite concerns about near-term smartphone demand. Meanwhile, Evercore ISI has maintained a positive outlook on Apple, setting a target of $250 ahead of their earnings report on May 1.
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