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via finance.yahoo.comBusiness & Companies

Starboard sees big upside in Skyworks after Qorvo merger

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Starboard Value sees significant upside in Skyworks Solutions (NASDAQ:SWKS) if the wireless chipmaker delivers on the cost savings and margin targets of its merger with Qorvo, Bloomberg News reported on Monday, citing people familiar with the matter. Still…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn activist investor believes Skyworks is undervalued if the Qorvo merger hits its cost and margin targets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Starboard Value sees significant upside in Skyworks Solutions, according to Bloomberg News.
  2. 02The acquisition of Qorvo was completed this month.
  3. 03Starboard sees growth from the companies' complementary product portfolios that investors have yet to fully recognise.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Skyworks Solutions, Inc.SWKSStock79.70 USDMarket closedtoday +0.76%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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