Silicon Laboratories, Inc. (SLAB) Reports In-Line Q1 EPS

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Go back to Silicon Laboratories, Inc. (SLAB) Reports In-Line Q1 EPS

Silicon Labs (SLAB) Bullish View Maintained at Piper Jaffray Post Q1

April 29, 2014 12:35 PM EDT

Piper Jaffray analyst Ruben Roy reiterated an Overweight rating and $58 price target on Silicon Labs (NASDAQ: SLAB) following Q1 results, with revenue slightly above expectations while EPS was in line.

Roy comments, "Broad-based product revenues dropped 2% sequentially, offset by 2% growth in both Timing... More