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Fly News Breaks for March 31, 2016
MXIM, SWKS
Mar 31, 2016 | 07:52 EDT
Pacific Crest says that Skyworks (SWKS) should acquire or merge with Maxim Integrated (MXIM). The firm thinks that such a deal would enable Skyworks to diversify away from mobile and into data center and automotive end-markets. The firm thinks that Skyworks' stock could reach $130 if it acquires or merges with Maxim. Pacific Crest recommends that investors buy both stocks.
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