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Fly News Breaks for January 23, 2020
SWKS
Jan 23, 2020 | 07:38 EDT
Cowen analyst Karl Ackerman noted he is one of the only sellside analysts not predicting a massive quarterly beat and raise for Skyworks. The analyst said the buyside sees guidance of $850M versus estimates of $750M. The company reports after the close and Ackerman sees a large selloff if the beat doesn't happen. Ackerman has an Outperform rating and $135 price target on Skyworks shares.
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