Skyworks Solutions (SWKS) PT Raised to $130 at DA Davidson

DA Davidson raised its price target on Skyworks Solutions (NASDAQ: SWKS) to $130.00 (from $120.00) while maintaining a Buy rating.

Analyst Thomas Diffely likes the broad based strength in the name and believes relative outperformance ought tot persist through 2018. The analyst believes a "massive 5G opportunity" is becoming apparent and believes the company is well positioned to capitalize on it given technological advances and diversified product portfolio.

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