Barclays analyst Tom O’Malley raised the firm’s price target on Silicon Labs (SLAB) to $100 from $80 and keeps an Equal Weight rating on the shares. The company’s recovery remains on track, with new products contributing to the majority of growth, the analyst tells investors in a research note.
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Read More on SLAB:
- Silicon Labs Reports Strong Revenue Growth in Q1 2025
- Cautious Hold on Silicon Laboratories Amid Inventory Recovery and Geopolitical Uncertainty
- Silicon Laboratories: Strong Performance and Promising Outlook Justify Buy Rating with $150 Price Target
- Silicon Labs reports Q1 adjusted EPS (8c), consensus (9c)
- Silicon Labs sees Q2 adjusted EPS (1c)-19c, consensus 4c