Three Firms Cut Qualcomm Targets as Tokenized QCOM Posts a Gain
Photo: TokenPost
Qualcomm Tokenized Stock (QCOM) recorded a 3.12% gain over 24 hours as three firms lowered their Qualcomm price targets on Nov. 5, while the quote remained below its 20-day and 50-day averages. The quote traded between $159.72 and $168.32 during the reported session. It was above its seven-day average of $163.29 and the $164.67 pivot point, but below its 20-day average of $171.46 and 50-day average of $178.84. Rosenblatt Securities lowered its target to $205 from $235 and kept its Buy rating. TD Cowen cut its target to $185 from $200 and also retained Buy.
Source: TokenPost
