Piper Sandler Maintains Neutral on Skyworks Solutions, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained a Neutral rating on Skyworks Solutions (NASDAQ:SWKS) but has lowered the price target from $115 to $95.

October 25, 2024 | 2:33 pm
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Piper Sandler has maintained a Neutral rating on Skyworks Solutions but has lowered the price target from $115 to $95, indicating a less optimistic outlook.
The lowering of the price target from $115 to $95 by Piper Sandler suggests a less optimistic view on Skyworks Solutions' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100