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Benzinga
Benzinga
Business
Anusuya Lahiri

Wells Fargo, Raymond James Highlighted Significant Angles To Skyworks Post Q2

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. 

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