The Wall Street Jounral reports that Qualcomm (NASDAQ:QCOM) says it expects to have robust smartphone sales specifically in emerging markets. In an interview at the World Economic Forum, CEO Bill Keitel said there is a weak correlation between the slow global growth and smartphone sales.

QUALCOMM (NASDAQ:QCOM) has potential upside of 12.5% based on a current price of $59.2 and an average consensus analyst price target of $66.58.

QUALCOMM is currently above its 50-day moving average (MA) of $55.14 and above its 200-day of $54.15.

Your Comments