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Analysts Have Conflicting Sentiments on These Technology Companies: Facebook (FB), Radware (RDWR) and Silicon Laboratories (SLAB)

Analysts have been eager to weigh in on the Technology sector with new ratings on Facebook (FBResearch Report), Radware (RDWRResearch Report) and Silicon Laboratories (SLABResearch Report).

Facebook (FB)

In a report issued on July 28, Ross Sandler from Barclays maintained a Buy rating on Facebook, with a price target of $430.00. The company’s shares closed last Thursday at $358.32, close to its 52-week high of $377.55.

According to TipRanks.com, Sandler is a 5-star analyst with an average return of 16.9% and a 67.0% success rate. Sandler covers the Technology sector, focusing on stocks such as Alphabet Class A, IAC/InterActive, and GoodRx Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Facebook with a $416.07 average price target, a 15.3% upside from current levels. In a report issued on July 15, Bank of America Securities also reiterated a Buy rating on the stock with a $400.00 price target.

See today’s analyst top recommended stocks >>

Radware (RDWR)

In a report issued on July 28, Tavy Rosner from Barclays maintained a Buy rating on Radware, with a price target of $36.00. The company’s shares closed last Thursday at $32.19, close to its 52-week high of $32.59.

According to TipRanks.com, Rosner is a 4-star analyst with an average return of 26.1% and a 66.7% success rate. Rosner covers the Technology sector, focusing on stocks such as Ituran Location And Control, Magic Software Enterprises, and Amdocs.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Radware with a $38.50 average price target, which is a 18.1% upside from current levels. In a report issued on July 13, Needham also upgraded the stock to Buy with a $40.00 price target.

Silicon Laboratories (SLAB)

Barclays analyst Blayne Curtis maintained a Hold rating on Silicon Laboratories on July 28 and set a price target of $125.00. The company’s shares closed last Thursday at $144.45.

According to TipRanks.com, Curtis is a 5-star analyst with an average return of 23.6% and a 67.2% success rate. Curtis covers the Technology sector, focusing on stocks such as Allegro MicroSystems, SiTime Corporation, and Skyworks Solutions.

Currently, the analyst consensus on Silicon Laboratories is a Hold with an average price target of $152.00, implying a 7.5% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $153.00 price target.

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