B. Riley Securities Maintains Buy on Skyworks Solutions, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Skyworks Solutions but lowered the price target from $140 to $120.
October 24, 2024 | 1:14 pm
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B. Riley Securities has maintained a Buy rating on Skyworks Solutions but lowered the price target from $140 to $120, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Skyworks Solutions, but the lowered price target indicates a more cautious outlook on its future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100