KeyBanc analyst John Vinh downgraded Silicon Labs (SLAB) to Sector Weight from Overweight without a price target after the company reached an agreement to be acquired by Texas Instruments (TXN) in an all-cash transaction for $231 per share.
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: