SiTime price target raised to $180 from $160 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on SiTime (SITM) to $180 from $160 and keeps an Underweight rating on the shares. The company is “largely executing on the beginnings of a top line story” set to grow 25-30% in calendar year 2025, though the firm modestly lowered its view of profitability for calendar year 2026 on the margin ramp, the analyst tells investors. The firm “commends the company for the top line execution,” citing valuation for its rating.