Skyworks Stock Price Target Hiked On China 4G

By | March 3, 2014

Scalper1 News

China’s buildout of 4G wireless data service will give analog chip maker Skyworks Solutions (SWKS) an opportunity to ramp up already large sales in that country, says Canaccord Genuity, which hiked its price target on Skyworks stock on Monday. Shares in Woburn, Mass.-based Skyworks were up nearly 1% in afternoon trading on a tough day in the stock market today. Skyworks stock is up more than 25% in 2014, and the company ranks No. 33 in Monday’s Scalper1 News

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