Analyst Rating Update on Skyworks Solutions (SWKS)

Skyworks Solutions (SWKS) : 19 analysts are covering Skyworks Solutions (SWKS) and their average rating on the stock is 1.86, which is read as a Buy. 11 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Skyworks Solutions (SWKS) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Skyworks Solutions (SWKS) : The highest short term price target forecast on Skyworks Solutions (SWKS) is $100 and the lowest target price is $61. A total of 19 equity analysts are currently covering the company. The average price of all the analysts is $82.9 with a standard deviation of $11.64.

For the current week, the company shares have a recommendation consensus of Buy. Also, Pacific Crest downgrades its view on Skyworks Solutions (NASDAQ:SWKS) according to the research report released by the firm to its investors. The shares have now been rated Sector Weight by the stock experts at the ratings house. Earlier, the shares had a rating of Overweight. Pacific Crest maintains the current price target of $90 per share on Skyworks Solutions . The rating by the firm was issued on July 5, 2016.


Skyworks Solutions (NASDAQ:SWKS): The stock opened at $63.33 on Wednesday but the bulls could not build on the opening and the stock topped out at $65.03 for the day. The stock traded down to $63.30 during the day, due to lack of any buying support eventually closed down at $64.39 with a loss of -1.00% for the day. The stock had closed at $65.04 on the previous day. The total traded volume was 3,477,157 shares.

Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Companys portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Companys products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.

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