Citigroup Maintains Neutral on Skyworks Solutions, Raises Price Target to $90
Citigroup analyst Atif Malik maintains Skyworks Solutions (NASDAQ:SWKS) with a Neutral and raises the price target from $64 to $90.
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Citigroup analyst Atif Malik maintains Skyworks Solutions (NASDAQ:SWKS) with a Neutral and raises the price target from $64 to $90.
B. Riley Securities analyst Craig Ellis upgrades Skyworks Solutions (NASDAQ:SWKS) from Neutral to Buy and raises the price target from $68 to $107.
Skyworks Solutions completed its exchange offers for Qorvo's senior notes, with 91.70% of the 2029 notes ($779.4M) and 92.44% of the 2031 notes ($647.1M) tendered. The company expects to issue new Skyworks notes on October 7, 2026, as part of its merger with Qorvo, which is expected to generate $500 million or more in annual cost synergies.
Filed: 2026-10-05 AccNo: 0001104659-26-113538 Size: 260 KB Item 2.01: Completion of Acquisition or Disposition of Assets Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits