Skyworks Solutions Stock Downgraded, But Is It Actually A Buy?

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...Rumors that Apple (NASDAQ: AAPL) is planning to kill the iPhone X persist.Earlier this year, analysts at Rosenblatt Securities cited high costs in Apple's flagship model -- not just the cost for consumers to buy it, but also for Apple to build it -- as one reason Apple was likely to cut production rates and potentially even cease production of (the current version) of the iPhone X.

Topics:  today   apple nasdaq   aapl    rosenblatt securities   x then   wall street   apple   stock   buy   analysts   iphone   production   
BING NEWS:
  • Motorola Solutions Lifts Outlook After 1Q Revenue, Adj. Profit Rise
    By Paul Ziobro Motorola Solutions raised its outlook for the year after posting better-than-expected first-quarter results. The ...
    05/2/2024 - 9:42 am | View Link
  • Motorola Solutions raises full-year revenue view after strong quarter, shares rise
    Motorola Solutions raised its revenue and profit forecast for the full-year after posting better-than-expected quarterly results on Thursday, sending its shares up 3% in extended trading.
    05/2/2024 - 9:20 am | View Link
  • Earnings Beat: Skyworks Solutions, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
    It's been a sad week for Skyworks Solutions, Inc. ( NASDAQ:SWKS ), who've watched their investment drop 12% to ...
    05/1/2024 - 11:43 pm | View Link
  • Skyworks Solutions Stock (NASDAQ:SWKS), Quotes and News Summary
    'Insane Night:' Jim Cramer Praises Amazon's 'Spectacular' Q1, Says Skyworks Will 'Hammer Apple' While Supermicro Got 'Whacked' Despite Good March Quarter Jim Cramer praised Amazon for its ...
    05/1/2024 - 1:00 pm | View Link
  • Benchmark Downgrades Skyworks Solutions (SWKS)
    Fintel reports that on May 1, 2024, Benchmark downgraded their outlook for Skyworks Solutions (NasdaqGS:SWKS) from Buy to Hold. Analyst Price Forecast Suggests 10.21% Upside As of April 17, 2024, the ...
    05/1/2024 - 12:19 pm | View Link
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