Qualcomm Inc

NASDAQ:QCOMUnited States

Jun 5, 2024

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• DJ Global Equities Roundup: Market Talk, from 10:50PM ET on Wednesday Jun 05, 2024 by Dow Jones

  10:50PM ET on Wednesday Jun 05, 2024 by Dow Jones
  Companies Mentioned: GOOGL, QCOM, GOOG
  
  The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.
  
  0250 GMT - Computershare keeps its bull at UBS, where analyst Scott Russell sees the share-registry provider benefiting from recent strong capital-markets activity in the U.S. and Europe. Russell points out that several components of the Australia-listed company's revenue have a high degree of correlation to such activity. As such, he thinks that Computershare's natural earnings skew toward the June half will be even more pronounced in this fiscal year. He tells clients in a note that he also sees support for Computershare's EPS coming from the recent acquisition of BNY Mellon's Canadian corporate trust business. UBS lifts the stock's target price 3.2% to A$32.00 and keeps a buy rating. Shares are up 1.5% at A$27.07. (stuart.condie@wsj.com)