Wells Fargo analyst Gary Mobley raised the firm’s price target on Silicon Labs to $190 from $155 and keeps an Overweight rating on the shares. The firm cites much better-than-expected Q4 results and above-consensus Q1 guide.
Published first on TheFly
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Read More on SLAB:
- Silicon Labs upgraded to Buy on return to growth at Summit Insights
- Silicon Labs upgraded to Buy from Hold at Summit Insights
- Silicon Labs Reports Fourth Quarter and Full Year 2022 Results
- Silicon Labs sees Q1 non-GAAP EPS $1.07-$1.17, consensus 77c
- Silicon Labs reports Q4 non-GAAP EPS $1.31, consensus 98c