Citi just launched a ‘positive catalyst watch' on Qualcomm stock

Qualcomm Inc (NASDAQ: QCOM) has already gained close to 35% in less than three months but a Citi analyst is convinced that it’s not out of juice just yet.Qualcomm stock has upside to $160Copy link to sectionChristopher Danely upgraded the semiconductors behemoth this morning to “buy”. His $160 price objective suggests another 15% upside from here. The analyst is bullish on Qualcomm stock because he expects the company to report upbeat results for its fiscal fourth quarter in early February and issue solid g ...