UPDATE: Jefferies Reiterates on Qualcomm Despite Concerns

In a report published Friday, Jefferies analyst Peter Misek reiterated a Buy rating on Qualcomm (NASDAQ: QCOM ) and reiterated its price target of $80.00 In the report, Jefferies lists three concerns and then states its projections: "1) After the challenges QCOM had in collecting TD-SCDMA royalties, what will change