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Fly News Breaks for January 12, 2017
SWKS
Jan 12, 2017 | 07:31 EDT
Goldman downgraded Skyworks (SWKS) to Neutral and lowered its price target to $79 from $88 price target citing limited upside. Analyst Toshiya Hari remains constructive on Skyworks mobile RF segment but said it lacks FBAR/BAW products and expects Broadcom (AVGO), with its differentiated FBAR filter technology to capture a majority of the share.
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