Morningstar Raises Qualcomm Target to $200, Forecasts $5B Data-Center Revenue in FY2027
According to Morningstar, the firm raised Qualcomm's (QCOM) fair value estimate to $200 from $155 on June 26 following the company's data-center investor event. Qualcomm now forecasts data-center revenue of $5 billion in fiscal 2027 and $15 billion in fiscal 2029. Morningstar said two hyperscale
QCOM-1.33%
GateNews·06-26 07:19
