Skyworks’ Apple Potential Spurs Price Target Hikes

By | July 24, 2015

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Apple (AAPL) chip supplier Skyworks Solutions (SWKS) got several price target increases Friday after reporting fiscal Q3 earnings that topped Street estimates and guiding above expectations for this quarter. Pacific Crest Securities analyst John Vinh, in a research note Friday, increased his target price on Skyworks stock to 120 from 110, citing “increasing content on the (Apple) iPhone 6S and improving Chinese demand.” “Skyworks expects to see Scalper1 News

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