Qorvo, Skyworks Seen Benefiting From Strong Apple Q1

By | April 2, 2015

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Brean Capital Markets raised estimates and price targets on two top-rated chipmakers Thursday, saying that industry concerns are offset by a good-looking Q1 from Apple (AAPL). Analyst Mike Burton lifted his price target on Qorvo (QRVO) to 95 from 85 and on Skyworks Solutions (SWKS) to 110 from 92 after talking with a number of companies across the supply chain. “We’re raising our March Q estimates slightly as we believe Apple iPhone sales are Scalper1 News

Scalper1 News