Silicon Labs Announces First Quarter 2017 Results
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Silicon Labs (SLAB) PT Raised to $82 at Stifel Following 1Q
April 26, 2017 3:58 PM EDTStifel raised its price target on Silicon Labs (NASDAQ: SLAB) to $82.00 (from $80.00) while maintaining a Buy rating. SLAB reported 1Q results at the high-end of the companys outlook of $174mn-$179mn, with revenue of $179.0mn compared to the Street's $176.9mn. Non-GAAP EPS came... More
Silicon Labs (SLAB) PT Raised to $85 at Drexel Hamilton; IoT Strength Drives Upside
April 26, 2017 12:15 PM EDTDrexel Hamilton raised its price target on Silicon Labs (NASDAQ: SLAB) to $85.00 (from $80.00) while maintaining a Buy rating following strong Q1 results.
Analyst Cody Acree noted upside was driven by IoT strength, which was up 3% sequentially and up 24% annually.
Acree... More
