Reported about 13 hours ago
Skyworks Solutions, Inc. (NASDAQ:SWKS) saw its price target raised by Mizuho analyst Vijay Rakesh from $72.00 to $75.00, maintaining a 'Neutral' rating. The analyst highlights that the rising demand for artificial intelligence could enhance phone memory growth, alongside potential benefits from the adoption of WiFi 7 technology and expansion into automotive markets, despite increasing competition from Chinese firms.
Source: YAHOO