Shares of Skyworks Solutions Climb After Needham Upgrades to Buy

January 19, 2016 - Baystreet.ca


Skyworks Solutions, Inc (NASDAQ:SWKS) shares rose more than 1.1 percent in afternoon trading, after analysts at Needham & Company upgraded the stock from Hold to Buy. The research firm believes the recent iPhone weakness is already discounted in Skyworks’ estimates and share price.