Skyworks Shares Continue Lower Despite 'Buy the Weakness' Call from Sterne Agee

A Sterne Agee analyst is recommending investors buy the weakness in shares of Skyworks Solutions

Friday following a 6 percent drop on Thursday. The analyst attributed the downside to concerns related to the iPhone 5 supply chain. The analyst believes Skyworks is "well positioned" for the iPhone 5 and also the new Galaxy S4 ramp. Sterne Agee maintains a Buy rating and $30 price target on shares of Skyworks. Investors are shrugging at the analyst note Friday afternoon. Shares of Skyworks are down another 6 percent at last check.