Stock Track | Qualcomm Soars 5.13% in Pre-Market After Goldman Sachs Raises Price Target to $180

Stock Track

Jul 06

Qualcomm's stock surged 5.13% during pre-market trading on Monday, marking a significant upward movement for the semiconductor company.

The rally appears to be driven primarily by Goldman Sachs raising its price target on Qualcomm to $180 from $145, representing a substantial increase in the firm's valuation of the company. This positive analyst action provided a strong catalyst for the stock's pre-market gains.

Despite Citigroup adding Qualcomm to its negative catalyst watch list due to tepid smartphone sales growth, the broader chip sector showed strength in pre-market trading, with multiple semiconductor companies advancing. The Goldman Sachs price target adjustment seems to have outweighed concerns about smartphone market weakness, propelling Qualcomm's stock higher.

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The Goldman Sachs price target adjustment seems to have outweighed concerns about smartphone market weakness, propelling Qualcomm's stock higher.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QCOM","symbol_name":"高通","start_time":0,"source_url":"","article_id":"1150979889","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150979889","pubTimestamp":1783345277,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Qualcomm's stock surged 5.13% during pre-market trading on Monday, marking a significant upward movement for the semiconductor company.The rally appears to be driven primarily by Goldman Sachs...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QCOM":"高通"},"translate_title":"个股追踪|高盛上调目标价至180美元高通盘前大涨5.13%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/a301c734b27acda668d2dbc8049fe7e2","symbols_score_info":{"QCOM":1},"content_text":"Qualcomm's stock surged 5.13% during pre-market trading on Monday, marking a significant upward movement for the semiconductor company.The rally appears to be driven primarily by Goldman Sachs raising its price target on Qualcomm to $180 from $145, representing a substantial increase in the firm's valuation of the company. 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