B. Riley analyst Craig Ellis raised the firm’s price target on Skyworks to $102 from $93 and keeps a Neutral rating on the shares post the fiscal Q3 report. The analyst attributes the post-earnings selloff to “stubbornly” high on-hand inventory persisting.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SWKS:
