Morgan Stanley analyst Craig Hettenbach maintained a Sell rating on Skyworks Solutions (NASDAQ: SWKS) today and set a price target of $79. The company’s shares closed yesterday at $91.88.
According to TipRanks.com, Hettenbach is a 5-star analyst with an average return of 22.0% and a 73.3% success rate. Hettenbach covers the Consumer Goods sector, focusing on stocks such as Maxim Integrated, Cypress Semicon, and TE Connectivity.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Skyworks Solutions with a $116.20 average price target.
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The company has a one-year high of $117.65 and a one-year low of $83.05. Currently, Skyworks Solutions has an average volume of 1.82M.
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Skyworks Solutions, Inc. engages in the design, development, and manufacture of proprietary semiconductor products. Its product portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, synthesizers, power dividers and combiners, power management devices, receivers, switches, and technical ceramics. The company was founded in 1962 and is headquartered in Woburn, MA.
