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Silicon Laboratories Jumps 6% On Wunderlich Upgrade (SLAB)
[April 11, 2012]

Silicon Laboratories Jumps 6% On Wunderlich Upgrade (SLAB)

Apr 11, 2012 (SmarTrend(R) News Watch via COMTEX) -- 4-11-12-Silicon Laboratories (NASDAQ:SLAB) pops almost 6% following an upgrade to Buy at Wunderlich.

The firm said the recent pullback creates a more favorable risk/reward scenario and the potential for upside to its earnings estimates makes the stock attractive at these levels.

The firm also raised its target price to $50 from $44.

Silicon Laboratories Inc. designs and develops analog-intensive, mixed-signal integrated circuits (ICs) for the wireless, wireline, and optical communications industries. Mixed-signal ICs are electronic components that process both digital signals and real-world analog signals, such as sound and radio waves.


SmarTrend currently has Silicon Laboratories in a Downtrend. Since 2008, SmarTrend subscribers trading Silicon Laboratories using our alerts outperformed the stock by 24%. We are monitoring these developments and will alert subscribers to any change in trend.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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