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Analysts Conflicted on These Technology Names: Insight Enterprises (NSIT) and Silicon Laboratories (SLAB)

Tipranks - Sat Feb 7, 9:06AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Insight Enterprises (NSITResearch Report) and Silicon Laboratories (SLABResearch Report).

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Insight Enterprises (NSIT)

In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Insight Enterprises, with a price target of $120.00. The company’s shares closed last Friday at $85.07.

According to TipRanks.com, Colicchio is a 5-star analyst with an average return of 10.1% and a 55.1% success rate. Colicchio covers the Technology sector, focusing on stocks such as Climb Global Solutions, TD SYNNEX Corporation, and The Hackett Group. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Insight Enterprises with a $100.00 average price target.

See the top stocks recommended by analysts >>

Silicon Laboratories (SLAB)

Morgan Stanley analyst Joseph Moore maintained a Hold rating on Silicon Laboratories today and set a price target of $231.00. The company’s shares closed last Friday at $206.30.

According to TipRanks.com, Moore is a 5-star analyst with an average return of 20.8% and a 61.0% success rate. Moore covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Allegro MicroSystems, and GlobalFoundries Inc. ;'>

Currently, the analyst consensus on Silicon Laboratories is a Hold with an average price target of $222.86, implying an 8.3% upside from current levels. In a report issued on February 4, Benchmark Co. also downgraded the stock to Hold.

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