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RBC Capital Initiates Silicon Laboratories (SLAB), Waits for New Wi-Fi Tech to Gain Traction
Yahoo Finance· 2026-01-23 10:52
Silicon Laboratories Inc. (NASDAQ:SLAB) is one of the best mid-cap growth stocks to buy right now. On January 15, RBC Capital initiated coverage of Silicon Labs with a Sector Perform rating and $160 price target. The company is starting to see the benefits of a healthier market as old stock finally clears out of the supply chain. Despite this positive trend, the firm isn’t ready to recommend buying the stock yet and wants to wait and see if the company’s new Wi-Fi tech actually takes off first. Earlier o ...