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Benchmark Assumes Silicon Labs (SLAB) at Hold

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Silicon Labs (SLAB) PT Raised to $240 at Needham & Company

April 28, 2022 6:44 AM EDT

Needham & Company analyst Rajvindra Gill raised the price target on Silicon Labs (NASDAQ: SLAB) to $240.00 (from $230.00) while maintaining a Buy rating following earnings.

The analyst commented, "We are increasing our price target to $240 (vs. $230) following another significant beat and raise... More