Mizuho Maintains Buy on Skyworks Solutions, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has maintained a Buy rating on Skyworks Solutions (NASDAQ:SWKS) and increased the price target from $108 to $125, indicating a positive outlook on the company's stock.
December 18, 2023 | 5:02 pm
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Mizuho analyst Vijay Rakesh has reaffirmed a Buy rating on Skyworks Solutions and raised the price target to $125, suggesting a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can positively influence investor sentiment, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100