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Fly News Breaks for February 9, 2018
SLAB, SIGM, CTRL
Feb 9, 2018 | 09:37 EDT
As reported earlier, Maxim analyst Nehal Chokshi upgraded Control4 (CTRL) to Buy from Hold and raised his price target to $36 from $33, citing expanding total addressable market and continued execution. Chokshi notes that the launch of New CA-1 controller product increases the addressable market by about 50% and gives him confidence than the company can sustain low-teen growth for a number of years. He also points to data suggesting that Silicon Labs (SLAB) buying Sigma Designs (SIGM) will not prove to be a long-term negative for Control4.
News For CTRL;SIGM;SLAB From the Last 2 Days
