Silicon Laboratories, Inc. (SLAB) Tops Q4 EPS by 10c

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Topeka Capital Upgrades Silicon Labs (SLAB) to Buy

February 4, 2015 1:03 PM EST

Topeka Capital upgraded Silicon Labs (NASDAQ: SLAB) from Hold to Buy with a price target of $54.00 (from $50.00).

Analyst Suji Desilva said, "SLAB reported upside in 4Q14 and guided above consensus reflecting solid IoT-related growth. We believe the acquisition of additional connectivity... More