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Wells Fargo Upgrades QUALCOMM to Equalweight From Underweight, Adjusts PT to $150 From $135
Wells Fargo has upgraded QUALCOMM (QCOM) to Equalweight from Underweight and increased its price target to $150 from $135. The upgrade reflects a more positive outlook for the semiconductor company. This adjustment comes amidst other analyst activities and company news, including recent appointments and AI venture fund commitments.