Qualcomm Stock Has 18% Upside, According to 1 Wall Street Analyst
Smartphone market share gains and the PC market both represent growth opportunities.Demand for high-end and flagship smartphones is strong, according to supply chain research performed by KeyBanc. This bodes well for Qualcomm (QCOM 1.22%), reasons KeyBanc analyst John Vinh. Vinh reiterated his overweight rating on Qualcomm stock to start the week and raised his price target from 205. The new price target represents a potential upside of about 18% over the next 12 months or so.Winning market shareKe ...