Apple Supplier Skyworks Poised For Q1 ‘Relief Rally’

By | January 19, 2016

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Skyworks Solutions (SWKS) will shuck Apple’s (AAPL) iPhone weakness on Jan. 28 when the chipmaker reports its Q1 earnings, a Needham analyst said Tuesday as he upgraded the stock. Needham analyst N. Quinn Bolton upgraded Skyworks stock to a buy rating from hold and established a 73 price target. Ahead of the closing bell on the stock market today, Skyworks stock was down about 0.5% near the closing bell, around 60.50, while Apple stock was off Scalper1 News

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