Silicon Laboratories upgraded from hold to buy

7th September 2017
Posted By : Anna Flockett
Silicon Laboratories upgraded from hold to buy

Silicon Laboratories, has been upgraded by Zacks Investment Research from a ‘hold’ rating to a ‘buy’ rating, according to a report issued on Saturday, 26th August. The brokerage presently has a $82.00 price objective on the semiconductor company’s stock. Zacks Investment Research‘s price objective suggests a potential upside of 7.75% from the stock’s previous close.

Zacks commented: “Silicon Laboratories design and develop proprietary, analogue-intensive, mixed-signal integrated circuits for the rapidly growing communications industry.”

Continuing it said: “Mixed-signal integrated circuits are electronic components that convert real-world analogue signals, such as sound and radio waves, into digital signals that electronic products can process. Mixed-signal integrated circuits are critical components of numerous communications products, including cellular telephones, cable and satellite set-top boxes, modems and fax machines."

Read more from dispatch tribunal here. 

You must be logged in to comment

Write a comment

No comments

Sign up to view our publications

Sign up

Sign up to view our downloads

Sign up

22nd November 2017
Rwanda Kigali
SPS IPC Drives 2017
28th November 2017
Germany Nuremberg
Cyber Security - Oil, Gas, Power 2017
29th November 2017
United Kingdom London
AI Tech World
29th November 2017
United Kingdom Olymipa, London
Maker Faire 2017
1st December 2017
Italy Rome