Feature-Rich Giant Gecko Microcontrollers Help Developers Tackle Complex IoT Applications

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Silicon Labs (SLAB) PT Raised to $85 at Needham & Company

July 26, 2017 4:13 PM EDT

Needham & Company raised its price target on Silicon Labs (NASDAQ: SLAB) to $85.00 (from $80.00) while maintaining a Buy rating following the company's 2Q. SLAB generated $190M in revenue in 2Q17, up 6% sequentially and higher than the consensus estimate of $186.5M. Non-GAAP GMs came in at 59.7%... More

Silicon Labs (SLAB) PT Raised to $85 at Stifel Following 2Q

July 26, 2017 2:39 PM EDT

Stifel raised its price target on Silicon Labs (NASDAQ: SLAB) to $85.00 (from $82.00) while maintaining a Buy rating. SLAB reported 2Q revenue of $190.1mn , ahead of estimates of $186.5mn. Non-GAAP EPS came in at $0.79, $0.08 above estimates.

The company guided 3Q revenue of... More