Skyworks Gets Price Target Hikes On Strong Guidance

By | April 23, 2014

Scalper1 News

Skyworks Solutions (SWKS) stock was up 8% in morning trading in the stock market today, at a more than 13-year high, a day after the maker of ICs and other parts for the Apple (AAPL) iPhone and other smartphones posted fiscal Q2 results that beat views. Skyworks also issued fiscal third-quarter guidance that beat forecasts, sparking at least six price target hikes by investment banks. The Woburn, Mass.-based company said it earned 62 cents a share Scalper1 News

Scalper1 News