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Morgan Stanley Raises Qualcomm Price Target to $146 Despite Missed Smartphone Shipments
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Morgan Stanley Raises Qualcomm Price Target to $146 Despite Missed Smartphone Shipments

By rawfin.tv Markets Desk||1 min read|AI-assisted Β· Methodology

Morgan Stanley reported that Qualcomm Incorporated's smartphone shipments have missed expectations for two consecutive quarters, indicating challenges in the mobile market. Despite this, the firm raised its price target for QCOM to $146, suggesting confidence in future performance or other segments.

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