Exane BNP Paribas Downgrades QUALCOMM To Neutral

Exane BNP Paribas downgraded QUALCOMM, Inc. (NASDAQ: QCOM) from Outperform to Neutral.

Qualcomm shares have dropped 11.47 percent over the past 52 weeks, while the S&P 500 index has surged 12.21
percent in the same period.

Qualcomm's shares fell 2.38 percent to $67.30 in pre-market trading.