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Silicon Labs (SLAB) PT Raised to $115 at Needham & Company; One of the Best IoT Plays

February 1, 2018 6:14 AM EST

Needham & Company raised its price target on Silicon Labs (NASDAQ: SLAB) to $115.00 (from $110.00) while maintaining a Buy rating.

Analyst Rajvindra Gill commented, "SLAB posted a strong quarter and guide with revenue coming in at $201M driven in part by strong execution in its... More