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Skyworks Solutions stock rises after upgrade

Skyworks chips are used in a wide range of products, including tablet computers.

AFP/Getty Images /File 2014

Skyworks chips are used in a wide range of products, including tablet computers.

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Stock of Woburn-based Skyworks Solutions Inc. rose after Brean Capital raised its price target to $54 from $51. The firm currently rates the stock a “buy,” as do analysts at Needham & Co. Raymond James analysts recently reiterated a “strong buy” rating — with a $55 price target. On June 3, Skyworks said it anticipates current quarter revenue of $570 million, up 31 percent from a year ago and 19 percent from last quarter. It produces analog semiconductors.

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