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Forecast came true

Lock In Qualcomm Profits Or Let It Ride?

Qualcomm finally settled its long-running patent dispute with Apple and the stock is taking off like a rocket. 24 hours ago the stock was trading at $57. Today it's trading north of $80.

Analysts are lifting their price targets on the news. Evercore raised its price target to $90. Stifel raised its target to $100.

Now that the major black cloud hanging over Qualcomm has lifted is it time to lock in profits or do you anticipate the stock continuing to rise from here?

Agree = Lock in profits

Disagree = Continue to hold or buy

Answered:
10 people

Lock In Qualcomm Profits Or Let It Ride?

Agreed
8 people
Disagreed
2 people

Forecast came true

Too early to say. QCOM is still trading around the $80 mark.

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