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Fly News Breaks for March 10, 2015
QCOM
Mar 10, 2015 | 06:56 EDT
William Blair believes Qualcomm's announcement last night of a raised dividend and increased buyback program is just the beginning of a multiyear capital return initiative aimed at increasing shareholder value. The firm views shares of Qualcomm as "significantly undervalued" at current levels and keeps an Outperform rating on the name.
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