Wall Street sets Qualcomm stock price for the next 12 months

Following a successful several months, during which the stock of Qualcomm (NASDAQ: QCOM) managed to grow its price by nearly 40%, analysts are cautiously optimistic about the international semiconductor and telecommunications equipment company’s prospects for the next 12 months.As it happens, the developer of digital wireless communications products and services based on CDMA technology was mostly trading between $105 and $130 for the majority of 2023, finally making a decisive move upward toward the year’s ...