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Fly News Breaks for March 5, 2020
SWKS
Mar 5, 2020 | 08:34 EDT
Baird analyst Tristan Gerra lowered the firm's price target on Skyworks to $140 from $150 and keeps an Outperform rating on the shares. The analyst noted the guidance cut due to the virus outbreak and its effect on the current demand environment but he said checks indicate not changes in order builds as the company gets ready for a second half ramp driven by 5G phones.
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