Qualcomm Rises on First Union Securities Upgrade - TheStreet

Qualcomm Rises on First Union Securities Upgrade

Author:
Publish date:

Qualcomm

(QCOM) - Get Report

was up 5% in midafternoon trading following an upgrade to strong buy from buy at

First Union Securities

. Analyst Mark Roberts set a target of 90 and said investors should buy "aggressively" because he suspects "there are several good news events ahead" and "few potential negative surprises."