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Skyworks Price Target Hiked On Strong RF Chip Demand

2014-12-31 22:04:00| Semiconductors - Topix.net

' revenue and earnings will likely benefit from strong demand for radio-frequency chips, says investment bank D.A. Davidson in boosting it price target on Skyworks stock to 85 from 75 and reiterating its buy rating. "Management teams from all of the major U.S.-based radio-frequency players have commented on continued industry strength in recent weeks," Davidson analyst Thomas Diffely said in a research report Wednesday.

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