Skyworks price target raised to $66 from $63 at Citi

Citi analyst Atif Malik raised the firm’s price target on Skyworks (SWKS) to $66 from $63 and keeps a Sell rating on the shares. The company reported a beat and raise quarter with solid order visibility going forward, the analyst tells investors in a research note. The firm says it could get more positive on the shares should Skyworks make progress on an acquisition.