Qualcomm (NASDAQ:QCOM) Shares Up 1.3% - Should You Buy?

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Qualcomm (NASDAQ:QCOM) shares rose 1.3% during mid-day trading. Wall Street analysts currently have a “Hold” consensus rating with an average target price of $163.77. The company recently reported strong quarterly earnings, beating estimates, and announced a $20.0 billion share repurchase program and a quarterly dividend.

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