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A statement released earlier today by Vetr Inc. about Skyworks Solutions Inc (NASDAQ:SWKS) raises the target price to $72.91

Skyworks Solutions Inc (NASDAQ:SWKS) had its price target raised to $73 by Vetr Inc. in a report issued 8/17/2016. The increased target price indicates a possible unchanging performance per the company’s previous stock close price.

Only yesterday Skyworks Solutions Inc (NASDAQ:SWKS) traded 1.23% lower at $72.62. The company’s 50-day moving average is $70.58 and its two hundred day moving average is $69.21. The last stock price close is up 9.91% relative to the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the same time. 5,447,708 shares of Skyworks Solutions Inc traded hands, up from ann average volume of 3,115,840.

Recent Performance Graphic:

Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc has a one-year low of $54.50 and a one-year high of $91.09 with a price-earnings ratio of 15. The company’s market capitalization is presently $0.0.

A total of 22 brokers have released a ratings update on the stock. Six analysts rate the company a strong buy, 12 firms rate the stock a buy, three firms rate the stock a hold, two brokerages rate the stock to underperform, and finally one firmrate the company as sell with a 12-month target price of $81.50

About Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Company’s portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Company’s products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and and Smart Energy.

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