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Analysts Offer Insights on Technology Companies: Silicon Laboratories (SLAB) and Formfactor (FORM)

Tipranks - Thu Feb 5, 9:54AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Silicon Laboratories (SLABResearch Report) and Formfactor (FORMResearch Report).

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Silicon Laboratories (SLAB)

Silicon Laboratories received a Hold rating from Benchmark Co. analyst Cody Acree today. The company’s shares closed last Wednesday at $203.67.

According to TipRanks.com, Acree is a top 100 analyst with an average return of 26.1% and a 68.5% success rate. Acree covers the Technology sector, focusing on stocks such as Advanced Micro Devices, ARM Holdings PLC ADR, and indie Semiconductor. ;'>

Silicon Laboratories has an analyst consensus of Hold, with a price target consensus of $145.00.

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Formfactor (FORM)

In a report released today, Christian Schwab from Craig-Hallum maintained a Buy rating on Formfactor. The company’s shares closed last Wednesday at $76.56.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 17.7% and a 60.6% success rate. Schwab covers the Technology sector, focusing on stocks such as Axcelis Technologies, Ultra Clean Holdings, and Applied Materials. ;'>

Currently, the analyst consensus on Formfactor is a Moderate Buy with an average price target of $77.60, a 3.4% upside from current levels. In a report issued on January 23, Citi also maintained a Buy rating on the stock with a $96.00 price target.

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