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Do Analysts Agree Thursday on Silicon Laboratories Inc (SLAB) Stock's Target Price?

Thursday, August 11, 2022 03:13 PM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Silicon Laboratories Inc (SLAB) Stock's Target Price?

InvestorsObserver is giving Silicon Laboratories Inc (SLAB) an Analyst Rating Rank of 29, meaning SLAB is ranked higher by analysts than 29% of stocks. The average price target for SLAB is $171.571 and analyst’s rate the stock as a Buy.

Overall Score - 3.9
Wall Street analysts are rating SLAB a Buy today. Find out what this means to you and get the rest of the rankings on SLAB!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Silicon Laboratories Inc Stock Today?

Silicon Laboratories Inc (SLAB) stock is trading at $143.65 as of 3:12 PM on Thursday, Aug 11, a decline of -$2.96, or -2.02% from the previous closing price of $146.61. The stock has traded between $143.46 and $147.45 so far today. Volume today is 271,471 compared to average volume of 348,714. Click Here to get the full Stock Report for Silicon Laboratories Inc stock.

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