QCOM: Susquehanna Sees 4 Bil-Person Emerging Market Opportunity

By Tiernan Ray Susquehanna Financial Group analyst Chris Caso this afternoon started coverage of Qualcomm (QCOM) with a “Positive” rating and a $70 price target, writing that there’s a “long term bull case” to be made that 4 billion or more people in emerging markets who are using 2G handsets will move to 3G handsets …