Susquehanna Sticks to Its Hold Rating for Skyworks Solutions (SWKS)


Susquehanna analyst Christopher Rolland reiterated a Hold rating on Skyworks Solutions (SWKS) today and set a price target of $100.00. The company’s shares closed last Monday at $99.62.

According to TipRanks.com, Rolland is a 5-star analyst with an average return of 10.3% and a 60.9% success rate. Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Texas Instruments.

Currently, the analyst consensus on Skyworks Solutions is a Moderate Buy with an average price target of $111.25, a 13.3% upside from current levels. In a report issued on April 27, Oppenheimer also maintained a Hold rating on the stock.

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The company has a one-year high of $128.48 and a one-year low of $66.30. Currently, Skyworks Solutions has an average volume of 2.74M.

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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, receivers, switches, and technical ceramics. The company was founded in 1962 and is headquartered in Woburn, MA.

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