Silicon Labs (SLAB) Tops Q3 EPS by 19c

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Go back to Silicon Labs (SLAB) Tops Q3 EPS by 19c

Silicon Labs (SLAB) PT Raised to $200 at Stifel

October 27, 2021 12:31 PM EDT

Stifel analyst Tore Svanberg raised the price target on Silicon Labs (NASDAQ: SLAB) to $200.00 (from $180.00) while maintaining a Buy rating following results. The analyst cited:

Strong 3Q21 beat. IoT revs (100% of 3Q21 sales) up +9.0% q/q (+50% y/y) on strong broad-based... More