UBS Maintains Neutral on Skyworks Solutions, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Arcuri maintains a Neutral rating on Skyworks Solutions (NASDAQ:SWKS) and lowers the price target from $110 to $100.
May 01, 2024 | 5:37 pm
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UBS analyst Timothy Arcuri maintains a Neutral rating on Skyworks Solutions and lowers the price target from $110 to $100.
The reduction in price target by UBS suggests a less optimistic outlook on Skyworks Solutions' stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100