Canaccord raised its price target on Qualcomm to $87 from $84 following its increase in capital return programs, including its $15B stock buyback authorization and dividend raise. Canaccord believes the shares are undervalued and thus reiterates its Buy rating on the stock.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here