Wells Fargo Sticks to Its Hold Rating for Skyworks Solutions (SWKS)

Wells Fargo analyst Aaron Rakers maintained a Hold rating on Skyworks Solutions (SWKS – Research Report) today and set a price target of $110.00. The company’s shares closed yesterday at $109.11.

Rakers covers the Technology sector, focusing on stocks such as Nvidia, Advanced Micro Devices, and Intel. According to TipRanks, Rakers has an average return of 23.0% and a 70.03% success rate on recommended stocks.

Currently, the analyst consensus on Skyworks Solutions is a Moderate Buy with an average price target of $104.43.

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SWKS market cap is currently $17.45B and has a P/E ratio of 17.80.

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Skyworks Solutions (SWKS) Company Description:

Skyworks Solutions, Inc. is a semiconductor company. It engages in designing, manufacturing, and marketing of a broad range of high-performance analog and mixed signal semiconductors that enable wireless connectivity.

Read More on SWKS:

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• Skyworks price target lowered to $105 from $125 at Craig-Hallum