$QCOM TARGET RAISED, PRICE FADES โ ๏ธ
Entry: 237.6 ๐ฏ
Target: 265 โ
JPMorgan raised its Qualcomm price target from 160 to 265, signaling stronger institutional confidence in the companyโs forward valuation. However, pre-market weakness shows traders are still pricing near-term execution risk and broader liquidity sensitivity. The key setup is whether buyers defend the pullback or if momentum fades below the latest quoted level.
Not financial advice. Manage your risk.
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QCOMUSDT
Perp
220.36
+0.66%