Silicon Labs (SLAB) Tops Q1 EPS by 6c, Beats on Revenue; Offers Q2 Revenue Guidance

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Go back to Silicon Labs (SLAB) Tops Q1 EPS by 6c, Beats on Revenue; Offers Q2 Revenue Guidance

Needham Upgrades Silicon Labs (SLAB) to Buy

April 25, 2024 5:31 AM EDT

Needham analyst Rajvindra Gill upgraded Silicon Labs (NASDAQ: SLAB) from Hold to Buy with a price target of $150.00.

The analyst comments "We are upgrading SLAB to Buy from Hold as we believe the company is well positioned for the semiconductor cyclical recovery. We... More