B. Riley Securities Upgrades Skyworks Solutions to Buy, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has upgraded Skyworks Solutions (NASDAQ:SWKS) from Neutral to Buy and raised the price target from $96 to $130.
June 20, 2024 | 12:23 pm
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B. Riley Securities has upgraded Skyworks Solutions from Neutral to Buy and increased the price target from $96 to $130, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy and the significant increase in the price target from $96 to $130 by B. Riley Securities suggests a strong positive outlook for Skyworks Solutions. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100