Sibyl holds SLAB 40.63: The Si5348 clock delivers a solution that is 50 percent smaller, 35 percent lower power and 80 percent lower jitter than conventional synchronizers.

Conventional network synchronizer clocks rely on rigid synchronization clock chip architectures that borrow heavily from legacy Stratum 3 clock ICs, which are not optimized for size, power or performance. As these technologies become more widespread, networking equipment designers are demanding more flexible, cost-effective timing solutions that easily integrate into existing hardware architectures. SyncE and IEEE 1588 have become increasingly popular methods to deliver synchronization over packet networks. MKM Partners cut their price objective on Silicon Laboratories from $57.00 to $52.00 and set a buy rating for the company in a research report on Wednesday. Topeka Capital Markets reduced their price target on Silicon Laboratories from $57.00 to $54.00 and set a buy rating for the company in a research report on Wednesday.


Sean:
In other news, Director Navdeep S.

Madeline:
Equities research analysts expect that Silicon Laboratories will post $2.18 EPS for the current year.

Goldie:
The company earned $164.86 million during the quarter, compared to analyst estimates of $166.51 million.

Domonique:
Analysts anticipate that Silicon Laboratories will post $2.29 earnings per share for the current fiscal year.

Dona:
The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.53 by $0.03. The business had revenue of $164.86 million for the quarter, compared to the consensus estimate of $166.51 million.

Cora:
One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock.

Rossie:
Finally, Topeka Capital Markets reduced their price objective on shares of Silicon Laboratories from $57.00 to $54.00 and set a buy rating on the stock in a research note on Wednesday.

Velma:
MKM Partners lowered their price target on shares of Silicon Laboratories from $57.00 to $52.00 and set a buy rating for the company in a report on Wednesday.

Cristal:
Needham & Company LLC reiterated a hold rating on shares of Silicon Laboratories in a research report on Wednesday, June 3rd.

Bula:
Citigroup Inc. boosted their price objective on Silicon Laboratories from $56.00 to $61.00 and gave the stock a buy rating in a report on Thursday, April 30th.

Silicon Laboratories (NASDAQ:SLAB)
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