FMP
Jan 12, 2024 3:48 PM - Davit Kirakosyan
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Citi analysts raised their rating for Qualcomm (NASDAQ:QCOM) from Neutral to Buy, increasing the price target significantly from $110.00 to $160.00.
The analysts noted that the restocking activity in the handset market is expected to positively impact Qualcomm's revenue and margins. They anticipate this trend of inventory replenishment to persist at least until the first quarter of 2024. Additionally, the analysts project that Qualcomm will likely expand its market share with Samsung during this period.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...