
Analyst views remain mixed post Skyworks Solutions, Inc's (NASDAQ:SWKS) Q2 results. Wells Fargo analyst Gary Mobley maintained Skyworks with an Overweight and lowered the price target from $195 to $160.
Mobley believed SWKS's Sky5 RF front-end (RFFE) module sales should benefit from 5G mobile phone sales growth. RFFE bill-of-materials (BoM) should increase 35-40% in 5G mobile phones vs. 4G comparable SKUs.