News Formal

Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi Says

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Citi analysts downgrade Skyworks Solutions and Qorvo to Sell from Neutral. It keeps Buy ratings on Nvidia and Marvell.

Competition fears led one analyst team to downgrade a pair of specialty-semiconductor stocks. Nvidia and Marvell Technology remain Buy-rated, however.

Skyworks stock was trading flat Tuesday at $98.21. Qorvo fell 2.1% to $92.92, the worst performer in the S&P 500.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi SaysCiti analysts downgraded Skyworks Solutions and Qorvo to Sell from Neutral in a Tuesday report. It kept Buy ratings on Nvidia and Marvell.
Source: MarketWatch - 🏆 3. / 97 Read more »