Qualcomm price target raised to $280 from $270 at Tigress Financial

Tigress Financial raised the firm’s price target on Qualcomm (QCOM) to $280 from $270 and keeps a Buy rating on the shares. The firm believes Qualcomm is an “increasingly compelling investment opportunity” as it pivots from a wireless pioneer into a central architect of intelligent connectivity and AI across devices, vehicles, and data centers.