Skyworks Solutions (SWKS) Receives a Hold from Oppenheimer


Oppenheimer analyst Rick Schafer maintained a Hold rating on Skyworks Solutions (SWKS) today. The company’s shares closed last Thursday at $197.86, close to its 52-week high of $201.99.

According to TipRanks.com, Schafer is a top 100 analyst with an average return of 24.6% and a 79.8% success rate. Schafer covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Akoustis Technologies, and NXP Semiconductors.

Currently, the analyst consensus on Skyworks Solutions is a Moderate Buy with an average price target of $215.56, implying a 6.3% upside from current levels. In a report issued on April 23, UBS also reiterated a Hold rating on the stock with a $181.00 price target.

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Skyworks Solutions’ market cap is currently $32.42B and has a P/E ratio of 31.40. The company has a Price to Book ratio of 10.37.

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Skyworks Solutions, Inc. is a semiconductor company. It engages in designing, manufacturing, and marketing of a broad range of high-performance analog and mixed signal semiconductors that enable wireless connectivity.

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