UPDATE: Bank of America Downgrades QUALCOMM as Market Dynamics Bode Poorly for Growth
October 07, 2013 at 10:54 AM EDT
In a report published Monday, Bank of America analyst Tal Liani downgraded the rating on QUALCOMM (NASDAQ: QCOM ) from Buy to Neutral, but reiterated the $75.00 price target. In the report, Bank of America noted, “We are downgrading Qualcomm from a Buy to a Neutral, based on our expectations
