Mon, Jul 28, 2014, 2:30 AM EDT - U.S. Markets open in 7 hrs.


% | $
Click the to save as a favorite.

Silicon Laboratories Inc. Message Board

  • stset1 stset1 Oct 4, 2007 8:29 PM Flag

    Wedbush raised their tgt to $47 !!!!

    Wedbush raised their tgt on Silicon Labs to $47 from $43, saying revs and expanding operating margins should drive the stock higher. Firm said their checks indicate microcontrollers and Broadcast products are selling well with stable leadtimes, flat inventories, and normal price declines. Firm also said the broadcast business can be the key lever for more upside to the stock, and the microcontroller business remains strong.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I don't think the Broadcast business is good enough to
      warrant $47/share. Take out the sale of Wireless and
      the $12/share in cash and the P/E is still pretty high
      given SLAB's growth performance. The buyback appears to
      be putting the squeeze on available float. This squeeze
      will correct itself when the institutional guys decide
      to monetize their gain.

40.04-6.76(-14.44%)Jul 25 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.