In a recent analyst update, Susquehanna has made a noteworthy adjustment concerning Silicon Laboratories (SLAB, Financial). Notably, the firm's analyst, Christopher Rolland, has maintained a "Neutral" rating on the stock. This decision remains consistent with their previous rating assessment.
However, there has been a significant change in the target price for Silicon Laboratories (SLAB, Financial). The price target has been raised from $110.00 to $150.00 USD, marking a 36.36% increase. This adjustment reflects updated expectations for the company's market performance.
The stock of Silicon Laboratories (SLAB, Financial) continues to trade on the NASDAQ exchange and remains a focal point for investors following this recent analyst update. Such changes in price targets are closely monitored as they can influence investor sentiment and market activity.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Silicon Laboratories Inc (SLAB, Financial) is $142.63 with a high estimate of $180.00 and a low estimate of $100.00. The average target implies an downside of 0.82% from the current price of $143.81. More detailed estimate data can be found on the Silicon Laboratories Inc (SLAB) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Silicon Laboratories Inc's (SLAB, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Silicon Laboratories Inc (SLAB, Financial) in one year is $155.34, suggesting a upside of 8.02% from the current price of $143.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Silicon Laboratories Inc (SLAB) Summary page.
