10 AI News and Ratings Investors Should Not Miss

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7. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 100 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. On November 7, Bernstein raised the price target on the stock to $215 from $200 and kept an Outperform rating on the shares. The advisory noted the company’s Q4 results were strong on solid QCT sales especially in Auto and IoT. Q1 2025 guidance was also good, driven sequentially by handsets and licensing, offset by seasonally weaker IoT, the investment advisory added.

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