Skyworks price target raised to $110 from $95 at Susquehanna

Susquehanna analyst Christopher Rolland raised the firm’s price target on Skyworks to $110 from $95 and keeps a Neutral rating on the shares. The analyst said they posted generally in-line results and guidance as Android demand and inventory continue to weigh. Susquehanna said they continue to wait for confirmation of a bottom in handsets, and remain on the sidelines.