Mizuho upgraded Skyworks (SWKS) to Neutral from Underperform with a price target of $73, up from $65. The company’s merger with Qorvo (QRVO) provides “valuation synergies,” which helps offset broader handset headwinds, the analyst tells investors in a research note. The firm says the deal is expected to close in April of 2027 with $500M of annual cost synergies expected by 2028.
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