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Fly News Breaks for March 29, 2016
SWKS
Mar 29, 2016 | 06:49 EDT
Citi analyst Atif Malik downgraded Skyworks Solutions to Neutral saying the risk/reward is more balanced following the stock's 41% rally from the February lows. The shares are now largely pricing in strong second half of 2016 smartphone demand, Malik tells investors in a research note. He keeps a $78 price target for the name.
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