Susquehanna lowered the firm’s price target on Qualcomm (QCOM) to $190 from $210 and keeps a Positive rating on the shares. The firm said they posted better results and generally in-line guidance as the company once again experienced upside across Handsets, Automotive, and IoT. However, looking forward, management now expects to lose 30% of the i17 modem share to Apple (AAPL) internal.
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