B of A Securities maintains Skyworks Solutions at Underperform, lowers price target to $72 from $78

What happened

B of A Securities kept its Underperform rating on Skyworks Solutions and cut its price target to $72 from $78, a 7.7% reduction. The new target implies 15.7% downside from the November 3 closing price of $85.40.

Confirmed

Global impact / market context

The lower target signals that B of A Securities sees less value in Skyworks shares than before. If investors act on that view, selling could put pressure on the share price; the rating and target are analyst opinions, not company results or a guaranteed forecast.

Analyst inference

Recent analyst targets span $61 to $95 across five notes in the past 30 days, with ratings ranging from Underperform to Equal-Weight and Neutral. B of A Securities’ $72 target sits within that range, showing differing views rather than a single analyst consensus.

Confirmed

What to watch

1. Compare future analyst targets and ratings with the $61-to-$95 range reported for recent notes; a narrowing or widening spread could show whether views are converging or diverging. Analyst inference
2. Watch for a later B of A Securities update that changes its Underperform rating or $72 target; the article reports no explanation for the cut or subsequent revision. Analyst inference
3. Track Skyworks Solutions’ share price against the stated $85.40 November 3 close and $72 target; the implied 15.7% downside is based on that reference price. Confirmed

Evidence

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