Goldman Sachs Initiates Skyworks at Sell
Bearish new coverage stance with a clear, though moderate, implied downside.
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Bearish new coverage stance with a clear, though moderate, implied downside.
What happened, with direct paths to the underlying reporting
Goldman Sachs initiated coverage of SWKS with a Sell rating and a $78 target, below the posted price of $85.40, implying about 9% downside. Shares were down 2.9% since the signal.
Target: $78
Posted price: $85.4
Analyst firm: Goldman Sachs
Analyst: James Schneider
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