Mizuho analyst Vijay Rakesh downgraded Skyworks (SWKS) to Neutral saying the effects of a maturing handset cycle could start to impact the RF suppliers. The analyst believes Apple is "taking a step back" in its second half of 2018 handset mix to LCD, flat pricing, and increasing new content. As such, incumbent content suppliers may feel pressure, Rakesh tells investors in a research note. The analyst keeps Buy ratings on both Broadcom (AVGO) and Synaptics (SYNA).

Barclays analyst Tom O'Malley raised the firm's price target on Broadcom (AVGO) to $1,500 from $1,405 and keeps an Overweight rating on the shares after hosting management for meetings. Broadcom is one of the unique companies that has a comprehensive view of the semis industry while also capable of providing an "intimate look" at the artificial intelligence market via custom silicon, the analyst tells investors in a research note. The firm says management highlighted the company's inroads with the consumer-facing AI world, providing a differing viewpoint versus Nvidia's (NVDA) vision of the world - pointing to a two-part market of consumer and enterprise that could grow to a 50/50 split over time. Barclays came away from the meetings "with a valuable second opinion on the future of AI and a greater appreciation for the company's many ways to win."

Barclays analyst Tom O'Malley raised the firm's price target on Broadcom to $1,500 from $1,405 and keeps an Overweight rating on the shares. The analyst increased the price after hosting management for meetings.