🔴 Skyworks Solutions is trading 5% down in pre-market amid bearish ratings and target cuts

Skyworks Solutions is trading at $78.00 (-5.10%) in pre-market amid recent bearish analyst actions.

• Goldman Sachs initiated coverage with a Sell rating and $78 target, citing smartphone exposure; BofA cut its target to $72, and Susquehanna to $75.
• These calls were reported before November 9, not as a new announcement that morning.
• The broad-market backdrop was positive and does not appear to explain the drop; no pre-market volume information was provided.