Friedman Billings Upgrades Silicon Laboratories (SLAB) to Outperform
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Friedman Billings upgrades Silicon Laboratories (Nasdaq: SLAB) from Market Perform to Outperform, citing recent channel check show solid Q2/Q3. Price target increased to $44.
Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits (ICs) for use in a variety of electronic products in range of applications including portable devices, satellite set top boxes, motor control and sensors, radios tuners, test and measurement equipment, personal video recorders, industrial monitoring and control, central office telephone equipment, customer premises equipment and networking equipment.
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