Silicon Laboratories (SLAB) Receives a Rating Update from a Top Analyst
Citi analyst Atif Malik maintained a Hold rating on Silicon Laboratories today and set a price target of $135.00. The company’s shares opened today at $124.57.
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Malik covers the Technology sector, focusing on stocks such as Nvidia, Arista Networks, and Apple. According to TipRanks, Malik has an average return of 31.2% and a 72.73% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Silicon Laboratories with a $150.78 average price target, representing a 21.04% upside. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $144.00 price target.
The company has a one-year high of $160.00 and a one-year low of $82.82. Currently, Silicon Laboratories has an average volume of 416K.
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