SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 120.52-2.0%2:50 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: mlc17812/24/2020 8:06:33 PM
   of 1698
 
Skyworks price target raised at Cowen on 5G growth, upside Apple content gains
Dec. 22, 2020 11:46 AM ET Skyworks Solutions, Inc. (SWKS) By: Brandy Betz, SA News Editor

Noting that the 5G growth story is still in its early innings, Cowen maintains an Outperform rating on Skyworks Solutions (NASDAQ: SWKS) and raises the price target from $160 to $185.

Analyst Karl Ackerman writes that "investors are missing content gains at Apple and upside to production" with the content gains potentially "much higher than current expectations.

"The analyst notes that the broader industry is undergoing the "once-in-a-decade shift to 5G.

"Skyworks shares are up 2% to $150.71.

Skyworks derives more than half of its revenue from Apple and is among the supply chain names moving on Apple's reported self-driving vehicle efforts.

Previously: Apple said to be pushing ahead on self-driving car in challenge to Tesla (Dec. 21 2020)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext