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Skyworks Solutions (SWKS) Gets a Hold from Barclays

Tipranks - Tipranks - Thu Feb 5, 3:30AM CST

Barclays analyst Thomas O’Malley maintained a Hold rating on Skyworks Solutions today and set a price target of $60.00.

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O’Malley covers the Technology sector, focusing on stocks such as SanDisk Corp, Cirrus Logic, and Advanced Micro Devices. According to TipRanks, O’Malley has an average return of 29.2% and a 61.50% success rate on recommended stocks.

In addition to Barclays, Skyworks Solutions also received a Hold from TipRanks – Google’s Google Semiconductors in a report issued today. However, on the same day, KeyBanc maintained a Buy rating on Skyworks Solutions (NASDAQ: SWKS).

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Based on Skyworks Solutions’ latest earnings release for the quarter ending October 3, the company reported a quarterly revenue of $1.1 billion and a net profit of $141.4 million. In comparison, last year the company earned a revenue of $1.02 billion and had a net profit of $60.5 million

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