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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.01-0.3%Nov 14 9:30 AM EST
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To: Ramsey Su who started this subject8/1/2002 7:26:57 AM
From: foundation  Read Replies (2) of 196654
 
07:17 ET Qualcomm cut to Hold at CSFB -- price target $25 (QCOM) 27.47: CSFB downgrades to HOLD from Buy based on firm's view that 2003 will be another low growth yr, and consensus earnings estimates do not yet reflect this. Thinks it will be difficult for QCOM to show upside in the next few qtrs without a rebound in the end market. Price target goes to $25 from $45.
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