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Analysts Offer Insights on Technology Companies: Informatica (INFA), Skyworks Solutions (SWKS) and NXP Semiconductors (NXPI)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Informatica (INFAResearch Report), Skyworks Solutions (SWKSResearch Report) and NXP Semiconductors (NXPIResearch Report).

Informatica (INFA)

Bank of America Securities analyst Koji Ikeda reiterated a Buy rating on Informatica yesterday and set a price target of $40.00. The company’s shares closed last Wednesday at $30.85.

According to TipRanks.com, Ikeda is a 5-star analyst with an average return of 14.6% and a 56.6% success rate. Ikeda covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, ZoomInfo Technologies, and BigCommerce Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Informatica with a $38.62 average price target, implying a 24.5% upside from current levels. In a report issued on April 22, Wells Fargo also maintained a Buy rating on the stock with a $40.00 price target.

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Skyworks Solutions (SWKS)

In a report released yesterday, Atif Malik from Citi maintained a Sell rating on Skyworks Solutions, with a price target of $83.00. The company’s shares closed last Wednesday at $90.30.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 30.4% and a 68.2% success rate. Malik covers the Technology sector, focusing on stocks such as Keysight Technologies, Silicon Laboratories, and Applied Materials.

The word on The Street in general, suggests a Hold analyst consensus rating for Skyworks Solutions with a $97.08 average price target, which is a 6.6% upside from current levels. In a report released yesterday, Bank of America Securities also assigned a Sell rating to the stock with a $95.00 price target.

NXP Semiconductors (NXPI)

Citi analyst Christopher Danely reiterated a Sell rating on NXP Semiconductors yesterday and set a price target of $150.00. The company’s shares closed last Wednesday at $249.43, close to its 52-week high of $264.26.

According to TipRanks.com, Danely is a 5-star analyst with an average return of 10.3% and a 63.2% success rate. Danely covers the Technology sector, focusing on stocks such as Advanced Micro Devices, GlobalFoundries Inc, and Texas Instruments.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NXP Semiconductors with a $261.06 average price target.

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