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Higher spending is eating into the company's margins, and efforts to raise prices in response won't be enough to mitigate the higher costs, they say. Qualcomm could benefit in the long term from its development into a nonhandset business, but the road there will be difficult as it faces headwinds in the smartphone industry and concern over its margin, they say. The analysts lower their price target for the stock to $165 from $235. 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drop in Apple revenue, though it expects 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