Morgan Stanley Maintains Equal-Weight on Silicon Laboratories, Lowers Price Target to $154
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Craig Hettenbach has maintained an Equal-Weight rating on Silicon Laboratories (NASDAQ:SLAB) and lowered the price target from $159 to $154.

July 27, 2023 | 4:59 pm
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Morgan Stanley has maintained an Equal-Weight rating on Silicon Laboratories and lowered the price target from $159 to $154.
The news directly pertains to Silicon Laboratories as Morgan Stanley has maintained an Equal-Weight rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's short-term performance. However, the impact is neutral as the rating has been maintained and only the price target has been slightly lowered.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100