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Erste Group Keeps Their Hold Rating on Qualcomm (QCOM)
In a report released yesterday, from Erste Group maintained a Hold rating on Qualcomm. The company’s shares closed today at $127.28.
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In addition to Erste Group, Qualcomm also received a Hold from Raymond James’s Melissa Fairbanks in a report issued on March 31. However, on March 20, TipRanks – OpenAI upgraded Qualcomm (NASDAQ: QCOM) to a Buy.
Based on Qualcomm’s latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $12.25 billion and a net profit of $3 billion. In comparison, last year the company earned a revenue of $11.67 billion and had a net profit of $3.18 billion
Read More on QCOM:
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