Why Skyworks Stock Gained Today
Shares of Skyworks Solutions (NASDAQ: SWKS) have gained as much as 6% today to hit all-time highs after two Wall Street analysts increased their respective price targets. However, both analysts are neutral overall on the stock.
Citigroup and UBS both reiterated neutral ratings on Skyworks shares. Citi analyst Atif Malik raised his price target from $137 to $164, while UBS analyst Tim Arcuri increased his valuation estimate from $139 to $165.
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Source Fool.com
