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flag QUALCOMM faces investor pullback as Rathbones and Cerity reduce holdings, despite a high stock target price.

flag Investment firm Rathbones Group PLC reduced its holdings in QUALCOMM by 13.6%, selling 10,791 shares, while Cerity Partners LLC decreased its stake by 1.8%. flag QUALCOMM's stock opened at $129.72, with a market cap of $143.47 billion and a P/E ratio of 13.86. flag The company reported a Q4 EPS of $2.86, missing estimates by $0.07. flag Analysts expect QUALCOMM to post 9.39 EPS for the year, with a stock target price of $205.32.

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