Skyworks: Lower Price Target On Smartphone Weakness

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JHVEPhoto When we last analyzed Skyworks Solutions, Inc. ( NASDAQ: SWKS ), we believed that its performance was primarily driven by external market weakness, particularly in the smartphone market which accounts for the majority of its revenue. While we expected its Mobile Analyst’s Disclosure: I/we have a beneficial long position in the shares of SWKS either through stock ownership, options, or other derivatives.

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