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Analysts Offer Insights on Technology Companies: Panasonic (OtherPCRFF) and Silicon Laboratories (SLAB)

Tipranks - Thu Feb 5, 10:58AM CST

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

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Panasonic (PCRFF)

In a report released today, Atul Goyal from Jefferies maintained a Buy rating on Panasonic, with a price target of Yen1835.00. The company’s shares closed last Wednesday at $13.99.

Goyal has an average return of 15.2% when recommending Panasonic. ;'>

According to TipRanks.com, Goyal is ranked #1279 out of 12040 analysts.

Currently, the analyst consensus on Panasonic is a Moderate Buy with an average price target of $11.84.

See the top stocks recommended by analysts >>

Silicon Laboratories (SLAB)

Needham analyst Quinn Bolton downgraded Silicon Laboratories to Hold today. The company’s shares closed last Wednesday at $202.86.

According to TipRanks.com, Bolton is a top 100 analyst with an average return of 39.1% and a 62.7% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Super Micro Computer. ;'>

Currently, the analyst consensus on Silicon Laboratories is a Hold with an average price target of $145.00, representing a -29.4% downside. In a report released today, Benchmark Co. also downgraded the stock to Hold.

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