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Fly News Breaks for September 25, 2015
SLAB
Sep 25, 2015 | 07:38 EDT
MKM Partners downgraded Silicon Laboratories to Neutral with a $42 price target. Analyst Ian Ing has increased concerns on the negative impact from China on semiconductors and the major demand dislocations working through the supply chain. Ing said the China related slowdown is impacted semis across a wide range of applications and demand is being exacerbated by another round of inventory destocking the EMS supply chain.
News For SLAB From the Last 2 Days
SLAB
Apr 25, 2024 | 09:44 EDT
SLAB
Apr 25, 2024 | 07:41 EDT
SLAB
Apr 25, 2024 | 07:36 EDT
SLAB
Apr 25, 2024 | 05:56 EDT
SLAB
Apr 25, 2024 | 05:31 EDT
SLAB
Apr 25, 2024 | 05:11 EDT
Barclays analyst Tom O'Malley lowered the firm's price target on Silicon Labs to $120 from $140 and keeps an Equal Weight rating on the shares. The company's revenue is rebounding off of December bottom and a recovery is underway, but operating expenditures ticked up and the margin miss make return to profitability a bit of a longer road, the analyst tells investors in a research note.
SLAB
Apr 24, 2024 | 09:46 EDT
As previously reported, Summit Insights downgraded Silicon Labs to Hold from Buy. While stating that Silicon Labs' March quarter results and June quarter outlook "clearly support our view of a recovery from the industry downturn and inventory correction after an extended period of customers' double ordering," the firm also believes a recovery is now priced into the share price and expects the stock to be an inline performer.
SLAB
Apr 24, 2024 | 09:35 EDT
SLAB
Apr 24, 2024 | 07:08 EDT
