Citi raised the firm’s price target on Silicon Labs (SLAB) to $231 from $135 and keeps a Neutral rating on the shares. The firm cites the Texas Instruments takeover agreement for the target bump.
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Read More on SLAB:
- Silicon Labs price target raised to $205 from $160 at RBC Capital
- Silicon Labs downgraded to Neutral from Overweight at JPMorgan
- Silicon Labs price target raised to $231 from $130 at Barclays
- Silicon Labs downgraded to Hold from Buy at Stifel
- Needham downgrades Silicon Labs to Hold, doesn’t see additional bidders