Skyworks' Strong Earnings, High Volume Lands A Downgrade From Vetr Crowd

The Vetr crowd downgraded their rating for Skyworks Solutions Inc SWKS on Monday, from 3.5 stars (Buy), issued days ago, to 2.5 stars (Sell). Crowd sentiment for Skyworks is primarily cautious, with 86 percent of Vetr user ratings bearish.

Skyworks opened strong on Friday following another impressive earning report that exceeded estimates for both EPS and revenue. The stock rose about 1.7 percent Monday and finished at $90.17.

Prior to the release, Skyworks was given a downgrade by Goldman Sachs, which dropped its rating from from Buy to Neutral.

See how crowdsourced ratings could help you time the markets.

Currently, the crowd's average target price for Skyworks Solutions is down at $84.94, which is below the average analyst target price of $88. Less than 2 percent of Vetr users are holding SWKS in their watch lists.