Stifel Maintains Buy on Silicon Laboratories, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Buy' rating on Silicon Laboratories (NASDAQ:SLAB) but has lowered the price target from $186 to $170.
October 19, 2023 | 1:00 pm
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Stifel maintains a 'Buy' rating on Silicon Laboratories but lowers the price target from $186 to $170.
The news is directly related to Silicon Laboratories. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100