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News  ›  Benzinga

These Analysts Increase Their Forecasts On Skyworks Solutions

Benzinga Logo Benzinga By Avi Kapoor
These Analysts Increase Their Forecasts On Skyworks Solutions

Qorvo and Skyworks Solutions announced a $22 billion merger, with Qorvo shareholders receiving $32.50 cash and 0.960 Skyworks shares per share. Analysts from Barclays and Citigroup upgraded Skyworks' rating and increased price targets.

Insights
SWKS   positive

Received analyst upgrades, announced significant merger, reported strong quarterly performance with $200 million operating cash flow