What Happened? Shares of wireless chips maker Skyworks Solutions (NASDAQ: SWKS) fell 30% in the pre-market session after the company reported underwhelming fourth-quarter results and announced it lost some of its business with its largest customer,

We recently published a list of 10 Firms Hit Hard in Thursday’s Trading. In this article, we are going to take a look at where Skyworks Solutions, Inc. (NASDAQ:SWKS) stands against other firms that hit hard in Thursday’s trading.

Craig-Hallum analyst Anthony Stoss adjusted the price target for Skyworks Solutions (NASDAQ:SWKS) to $85.00, down from the previous $105.00, while still maintaining a Buy rating on the company's shares.