Barclays analyst Blayne Curtis raised the firm's price target on Qualcomm to $120 from $110 and keeps an Equal Weight rating on the shares. Handsets are one of a few markets that the analyst expects to see a recovery in 2021. However, Curtis believes his 1.4B handset base case is "generous," and needs to see a higher number in order to be more constructive on Qualcomm shares.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.