Skyworks stock price dips into the new week as Wall Street holds back ahead of earnings
Skyworks shares fell 1.2% to $58.96 Friday on heavy volume, closing near a recent low. Mizuho’s Vijay Rakesh maintained a Hold rating with a $60 price target over the weekend. Investors await Skyworks’ Feb. 3 earnings and updates on its planned Qorvo merger. Qorvo reports results Jan. 27.