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Higher Target on Buy-Rated QCOM

 Jun 17, 2008 12:44 PM UTC
Return Risk
-14.33% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
QCOM Positive 06/17/08 -8.80% --

Graphic_arrow1 Via Zacks Analyst Blog:  

We raise our six-month target price of $55, which is based on a net of cash multiple of 25x to our estimated 2008 earnings.


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