Susquehanna lowered the firm’s price target on Skyworks (SWKS) to $100 from $110 and keeps a Neutral rating on the shares. The firm said they reported a better than feared report as Mobile guided to grow mid-single-digit in December. However, recovery in Broad Markets was pushed out.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWKS: