Market Overview

UPDATE: Topeka Capital Markets Initiates Skyworks Solutions at Buy on Smartphone, Tablet Exposure

Share:
Related SWKS
UPDATE: D.A. Davidson Raises Price Target On Skyworks Solutions Following Strong F1Q Results
Brean Capital Raises Skyworks Solution Price Target
Skyworks CEO on Mobile Connectivity Benefits (Fox Business)

Topeka Capital Markets initiated coverage on Skyworks Solutions, Inc. (NASDAQ: SWKS) with a Buy rating and a $26.00 price target.

Topeka Capital Markets noted, ". We believe at current levels, the stock offers a compelling buying opportunity and the fundamentals of the Company remain largely unchanged. SWKS should continue to expand its content in smartphones beyond power amplifiers, and at the same time benefit from increased RF content for LTE. In addition to solid revenue growth, margins should expand as well, which should drive strong earnings growth in the near-to-mid-term."

Skyworks Solutions closed at $20.41 on Tuesday.

Latest Ratings for SWKS

DateFirmActionFromTo
Jan 2015BarclaysMaintainsEqual-weight
Jan 2015BarclaysMaintainsEqual-weight
Dec 2014NeedhamDowngradesBuyHold

View More Analyst Ratings for SWKS
View the Latest Analyst Ratings

Posted-In: Topeka Capital MarketsAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

Related Articles (SWKS)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional