Northland Securities Thinks Qualcomm Inc’s Stock is Going to Recover

By Jason Carr

In a report released today, Tom Sepenzis from Northland Securities upgraded Qualcomm Inc (NASDAQ: QCOM) to Buy. The company’s shares closed yesterday at $51.48, close to its 52-week low of $48.92.

According to, Sepenzis is a 4-star analyst with an average return of 11.3% and a 52.6% success rate. Sepenzis covers the Consumer Goods sector, focusing on stocks such as Sequans Communications S A, Advanced Micro Devices, and O2Micro International.

Qualcomm Inc has an analyst consensus of Moderate Buy, with a price target consensus of $61.42.

Qualcomm Inc’s market cap is currently $75.29B and has a P/E ratio of 19.72. The company has a book value ratio of 2.4281.

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QUALCOMM, Inc. engages in the development, design and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI).