JPMorgan downgraded Silicon Labs (SLAB) to Neutral from Overweight with a price target of $231, up from $160. The firm cites the terms of the Texas Instruments acquisition announcement for the downgrade.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLAB: