Barclays Maintains Equal-Weight on Silicon Laboratories, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis has maintained an Equal-Weight rating on Silicon Laboratories (NASDAQ:SLAB) and increased the price target from $120 to $140.
February 08, 2024 | 8:12 pm
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Barclays has maintained an Equal-Weight rating on Silicon Laboratories and raised the price target from $120 to $140.
The increase in price target by Barclays, a major financial institution, suggests a positive outlook on Silicon Laboratories' future performance. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100