Melius Research Raises Qualcomm's Price Target Amid Optimism in AI Semiconductor Sector
On May 18, Melius Research raised its price target on QUALCOMM (NASDAQ:QCOM) to $220 from $170 while maintaining a Hold rating. The firm expressed increased optimism about memory and AI semiconductor stocks like Micron, Sandisk, AMD, Intel, and Marvell.
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Topics: AI Stocks Semiconductors Stock Analysis