Susquehanna raised the firm’s price target on Silicon Labs (SLAB) to $110 from $100 and keeps a Neutral rating on the shares. The firm said Silicon Labs reported in-line results and better guidance as the company continues to benefit from new customer ramps and share gains in its key markets and Management remains confident the company can outperform the broader market this year on customer ramps and share gains.
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Read More on SLAB:
- Silicon Labs price target raised to $100 from $80 at Barclays
- 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)
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