BlockBeats news, on June 12, Wells Fargo raised its target price for Qualcomm (QCOM.O) from $160 to $230 and lowered its target price for Adobe (ADBE.O) from $330 to $250. (Jin10)
Wells Fargo raises Qualcomm's target price to $230
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Summary
On June 12, 2026, Wells Fargo raised Qualcomm’s (QCOM.O) target price to $230 from $160, while lowering Adobe’s (ADBE.O) target to $250 from $330. This shift occurs as alternative cryptocurrencies under observation gain momentum amid changing market sentiment. Crypto price movements remain a key focus for traders and analysts monitoring cross-asset correlations.
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