Qualcomm EPS Boost Seen From China 4G, iPhone 6

By | June 12, 2014

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Qualcomm’s (QCOM) revenue and earnings growth is superior to most large-cap technology stocks, says Canaccord Genuity, which Thursday upped its price target on the stock to 95 from 90. Qualcomm’s stock edged up 0.5% to 79.61 in midday trading on the stock market today. Canaccord Genuity analyst Michael Walkley, who has a buy rating on Qualcomm’s stock, estimates that Qualcomm’s 2015 revenue will grow 12% to $29.93 billion, with EPS up 16% to Scalper1 News

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