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Analysts Offer Insights on Technology Companies: Meta Platforms (FB) and Qualcomm (QCOM)

Analysts fell to the sidelines weighing in on Meta Platforms (FBResearch Report) and Qualcomm (QCOMResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Meta Platforms (FB)

Rosenblatt Securities analyst Barton Crockett maintained a Hold rating on Meta Platforms today and set a price target of $212.00. The company’s shares closed last Wednesday at $174.95, close to its 52-week low of $169.00.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.9% and a 52.6% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Lions Gate Entertainment Class B, and Live Nation Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Meta Platforms with a $308.40 average price target, a 76.8% upside from current levels. In a report issued on April 22, BMO Capital also maintained a Hold rating on the stock with a $225.00 price target.

See the top stocks recommended by analysts >>

Qualcomm (QCOM)

In a report released today, Edward F. Snyder from Charter Equity maintained a Hold rating on Qualcomm. The company’s shares closed last Wednesday at $135.10.

According to TipRanks.com, Snyder is a 5-star analyst with an average return of 20.0% and a 57.5% success rate. Snyder covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Skyworks Solutions, and Texas Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Qualcomm with a $197.89 average price target, representing a 51.3% upside. In a report issued on April 13, Wells Fargo also maintained a Hold rating on the stock with a $185.00 price target.

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