Qualcomm (NASDAQ:QCOM – Get Free Report) had its price target cut by stock analysts at Rosenblatt Securities from $265.00 to $235.00 in a report released on Thursday,Benzinga reports. Rosenblatt Securities’ price objective points to a potential upside of 50.95% from the company’s current price. Argus set a $220.00 price objective on shares of Qualcomm in a research note on Friday, May 1st. Get Qualcomm alerts:Check Out Our Latest Stock Analysis on QCOMQualcomm Price PerformanceShares of NASDAQ:QCOM opened at $155.68 on Thursday. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, May 4th.