Stifel lowered the firm’s price target on Silicon Labs (SLAB) to $135 from $145 and keeps a Buy rating on the shares. In the Analog, Connectivity, and Processors sector, the firm lists Silicon Labs as one of the companies with considerable resets, but strong secular growth, the analyst tells investors.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.