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Morgan Stanley Sticks to Their Hold Rating for Silicon Laboratories (SLAB)

Morgan Stanley Sticks to Their Hold Rating for Silicon Laboratories (SLAB)

In a report released today, Joseph Moore from Morgan Stanley maintained a Hold rating on Silicon Laboratories, with a price target of $157.00. The company’s shares opened today at $145.07.

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Moore covers the Technology sector, focusing on stocks such as Nvidia, Marvell, and Micron. According to TipRanks, Moore has an average return of 12.6% and a 58.69% success rate on recommended stocks.

Silicon Laboratories has an analyst consensus of Moderate Buy, with a price target consensus of $150.78, which is a 3.94% upside from current levels. In a report released today, Susquehanna also maintained a Hold rating on the stock with a $150.00 price target.

SLAB market cap is currently $4.87B and has a P/E ratio of -28.63.

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