Skyworks Solutions (SWKS) NDR Takeaways - KeyBanc

March 10, 2022 6:13 AM EST
Get Alerts SWKS Hot Sheet
Price: $97.65 -0.45%

Rating Summary:
    28 Buy, 16 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 10 | New: 33
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KeyBanc analyst Weston Twigg reiterated an Overweight rating and $225.00 price target on Skyworks Solutions (NASDAQ: SWKS) after hosting a series of investor meetings with management.

The analyst stated "we remained convinced of SWKS's ability to sustain long-term growth in mobile in Android and in the next several generations of iPhones due to content growth and 5G and in broad markets, which is now 30% of revenues. In particular, the introduction of Wi-Fi 6E, mmW, and AAPL's internal modem create multiple shots on goal for sustain content growth in future iPhones. Conversely, the Russia-Ukraine conflict creates uncertainty surrounding sell-through in Europe."

For an analyst ratings summary and ratings history on Skyworks Solutions click here. For more ratings news on Skyworks Solutions click here.

Shares of Skyworks Solutions closed at $134.17 yesterday.

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