Morgan Stanley Lowers Skyworks Solutions (NASDAQ:SWKS) Price Target to $72.00

Morgan Stanley has lowered its price target for Skyworks Solutions (NASDAQ:SWKS) to $72.00 from $76.00, maintaining an "equal weight" rating. This adjustment comes despite Skyworks exceeding quarterly EPS and revenue expectations, as the company reported a year-over-year decline in both metrics. The overall analyst sentiment remains a "Hold" with an average price target of $74.22, reflecting mixed views on the company's near-term growth and profitability.