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Fly News Breaks for September 5, 2017
SWKS
Sep 5, 2017 | 06:43 EDT
Citi analyst Atif Malik double upgraded Skyworks Solutions to Buy from Sell and raised his price target for the shares to $125 from $90. The shares offer an "attractive play" on increasing RF semiconductor dollar content for 5G deployments, which should pick up over next three years, Malik tells investors in a research note titled "Backing up the Minivan; U/G to BUY on 5G Appeal & Stable Margins."
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