Skyworks Reports Q2 FY24 Results

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Skyworks Solutions (SWKS) PT Lowered to $100 at UBS

May 1, 2024 5:48 AM EDT

UBS analyst Timothy Arcuri lowered the price target on Skyworks Solutions (NASDAQ: SWKS) to $100.00 (from $110.00) while maintaining a Neutral rating.

The analyst comments "SWKS guided well below expectations on inventory digestion that appears largely specific to Apple, though the overall smartphone... More