Mizuho Maintains Buy on Skyworks Solutions, Lowers Price Target to $122
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Vijay Rakesh maintains a 'Buy' rating on Skyworks Solutions (NASDAQ:SWKS) but lowers the price target from $125 to $122.
August 08, 2023 | 1:41 pm
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Mizuho maintains a 'Buy' rating on Skyworks Solutions but lowers the price target from $125 to $122.
The news is directly about Skyworks Solutions. Mizuho's decision to maintain a 'Buy' rating indicates a positive outlook for the company. However, the lowering of the price target may indicate a slightly less optimistic view on the company's short-term performance. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100