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Fly News Breaks for May 29, 2015
SWKS
May 29, 2015 | 07:37 EDT
Canaccord raised its price target on Skyworks to $130 from $108 as they believe the company is positioned to generate solid sales growth and expanded margins. The firm also cites Skyworks' potential to bid for an increasing number of design wins and annual growth expectations of its broad market division. Canaccord reiterated its Buy rating on Skyworks shares.
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