Analysts fell to the sidelines weighing in on Skyworks Solutions (SWKS) and Kla-Tencor (KLAC) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Skyworks Solutions (SWKS)
Morgan Stanley analyst Craig Hettenbach maintained a Hold rating on Skyworks Solutions today and set a price target of $124.00. The company’s shares closed last Tuesday at $131.92, close to its 52-week high of $138.22.
According to TipRanks.com, Hettenbach is a 5-star analyst with an average return of 16.5% and a 63.4% success rate. Hettenbach covers the Technology sector, focusing on stocks such as NXP Semiconductors, Texas Instruments, and Maxim Integrated.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Skyworks Solutions with a $117.33 average price target, which is a -11.0% downside from current levels. In a report issued on June 10, Oppenheimer also assigned a Hold rating to the stock.
See today’s analyst top recommended stocks >>
Kla-Tencor (KLAC)
In a report released today, Joseph Moore from Morgan Stanley maintained a Hold rating on Kla-Tencor, with a price target of $167.00. The company’s shares closed last Tuesday at $196.00, close to its 52-week high of $196.25.
According to TipRanks.com, Moore is a 5-star analyst with an average return of 9.3% and a 53.9% success rate. Moore covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Texas Instruments, and Western Digital.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kla-Tencor with a $168.50 average price target.
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