Skyworks (SWKS +4.6%) trades higher after Deutsche's Jonathan Goldberg, who had downgraded...

|About: Skyworks Solutions, Inc. (SWKS)|By:, SA News Editor

Skyworks (SWKS +4.6%) trades higher after Deutsche's Jonathan Goldberg, who had downgraded shares in June, upgrades them to Buy. Goldberg thinks the 37% decline seen by mobile power amplifier vendor over the last 2 months is excessive, and expects the ongoing adoption of 3G and 4G networks to drive long-term growth. However, he thinks calendar Q4 results will be merely in-line with guidance.