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Fly News Breaks for April 18, 2019
SLAB
Apr 18, 2019 | 14:35 EDT
Roth Capital analyst Suji Desilva maintained a Buy rating on Silicon Labs and raised his price target on shares to $110 from $95 ahead of the company's Q1 earnings report. While Desilva expects Siliucon Labs' "inventory-correction Q1" to be driven by an increased macro uncertainty, he believes that will be short-lived, and he sees a "steadily improving underlying broad demand tone to drive improving results and share performance" for the company in the next few quarters.
News For SLAB From the Last 2 Days
