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Citigroup and Morgan Stanley Adjust Ratings for Skyworks Solutions

1 report, 1 independent Updated Oct 7
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Citigroup set a neutral rating for Skyworks Solutions and reduced its price objective from $77.00 to $64.00. Separately, Morgan Stanley decreased its target price for Skyworks Solutions from $76.00 to $72.00 and assigned an equal weight rating to the company. These updates follow several other rating changes for the semiconductor manufacturer.

From tickerreport.com

Why it matters

Some supportBrind's analysis of the reports

Analyst rating changes and target price adjustments from major financial institutions influence investor sentiment regarding Skyworks Solutions. These shifts in coverage can affect the market price of the semiconductor manufacturer's stock.

From tickerreport.com

Who's involved

  • CitigroupAmerican investment bank that provided research reports and ratings on Skyworks Solutions
  • Skyworks SolutionsAmerican semiconductor manufacturer that is the subject of the rating updates
  • Morgan StanleyU.S. investment bank that provided financial ratings and price target coverage for Skyworks Solutions

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Skyworks SolutionsSpeculative

    Skyworks Solutions might see its market price and investor sentiment change due to the rating adjustments.

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The entities involved

Related events

Coverage

Newest first; wire copies grouped