Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.98

+1.1%

Jan 2 9:30 AM EST

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From: benhorseman	4/8/2006 6:18:09 PM
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Qualcomm "overweight" Friday, April 07, 2006 4:37:02 AM ET Prudential Financial newratings.com NEW YORK, April 7 (newratings.com) - Analyst Inder M Singh of Prudential Financial maintains his "overweight" rating on Qualcomm Incorporated (QCOM.NAS). The target price is set to $57. In a research note published yesterday, the analyst mentions that the company has expressed its optimism regarding the long-term prospects of its chip business. Qualcomm is well positioned to receive CDMA business from the Nokia/Sanyo joint venture and WCDMA business from Motorola in the forthcoming months, the analyst adds.

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