Zacks Investment Research downgraded shares of SILICON LAB INC (SLAB) from OUTPERFORM to NEUTRAL on April 02, 2013, with a target price of $46.20.
Silicon Laboratories Inc. design and develop proprietary, analog-intensive, mixed-signal integrated circuits for the rapidly growing communications industry. Mixed-signal integrated circuits are electronic components that convert real-world analog 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.
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