Susquehanna Maintains Positive on Skyworks Solutions, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a positive outlook on Skyworks Solutions (NASDAQ:SWKS), but has lowered the price target from $130 to $115.
October 24, 2023 | 3:32 pm
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NEGATIVE IMPACT
Skyworks Solutions' price target has been lowered from $130 to $115 by Susquehanna, despite maintaining a positive outlook.
The lowering of the price target by Susquehanna indicates a potential decrease in the short-term value of Skyworks Solutions' stock. However, the maintained positive outlook suggests that the company's long-term prospects remain strong.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100