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Fly News Breaks for December 17, 2015
SWKS
Dec 17, 2015 | 09:00 EDT
After conducting checks and meeting with Skyworks' management, JMP Securities believes that demand for Skyworks' components from Chinese smartphone makers is increasing. The firm expects Skyworks' results for its December quarter to beat expectations and predicts that its guidance for the March quarter will be "seasonally normal or better." The firm reiterates a $130 price target and Outperform rating.
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