Skyworks Solutions (SWKS) Received its Third Buy in a Row

After KeyBanc and Westpark Capital gave Skyworks Solutions (NASDAQ: SWKS) a Buy rating last month, the company received another Buy, this time from Charter Equity. Analyst Edward F. Snyder maintained a Buy rating on Skyworks Solutions today. The company’s shares closed last Friday at $181.30.

According to TipRanks.com, Snyder is a 4-star analyst with an average return of 24.1% and a 68.9% success rate. Snyder covers the Technology sector, focusing on stocks such as Telefonaktiebolaget LM Ericsson, Texas Instruments, and Broadcom.

Currently, the analyst consensus on Skyworks Solutions is a Moderate Buy with an average price target of $217.17, representing a 17.6% upside. In a report issued on July 15, Westpark Capital also initiated coverage with a Buy rating on the stock with a $220.00 price target.

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The company has a one-year high of $204.00 and a one-year low of $130.72. Currently, Skyworks Solutions has an average volume of 1.67M.

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Skyworks Solutions, Inc. is a semiconductor company. It engages in designing, manufacturing, and marketing of a broad range of high-performance analog and mixed signal semiconductors that enable wireless connectivity.