This Just In: Qualcomm Stock Upgraded

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Apple (NASDAQ: AAPL) broke new ground when it introduced the iPhone X this week -- on price, of course (the $999 MSRP), but also on tech. Among other developments, iPhone X boasts new sensors from STMicroelectronics (NYSE: STM) that permit Apple to do away with the home button and fingerprint identification for unlocking its phones, instead using facial recognition.

And for Qualcomm (NASDAQ: QCOM) investors, it's that last bit that could be the most important news of all. Here are three things you need to know about that.

Source: Fool.com