There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on International Game Technology (IGT – Research Report) and Silicon Laboratories (SLAB – Research Report) with bullish sentiments.
International Game Technology (IGT)
In a report released yesterday, Jeffrey Stantial from Stifel Nicolaus maintained a Buy rating on International Game Technology, with a price target of $35.00. The company’s shares closed last Thursday at $27.20.
Stantial has an average return of
According to TipRanks.com, Stantial is ranked #3111 out of 8565 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for International Game Technology with a $39.33 average price target, which is a 49.9% upside from current levels. In a report issued on October 18, Truist Financial also maintained a Buy rating on the stock with a $37.00 price target.
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Silicon Laboratories (SLAB)
Stifel Nicolaus analyst Tore Svanberg maintained a Buy rating on Silicon Laboratories yesterday and set a price target of $136.00. The company’s shares closed last Thursday at $88.27, close to its 52-week low of $74.56.
According to TipRanks.com, Svanberg is a top 100 analyst with an average return of
Silicon Laboratories has an analyst consensus of Moderate Buy, with a price target consensus of $107.00, which is a 20.7% upside from current levels. In a report issued on November 1, TD Cowen also maintained a Buy rating on the stock with a $100.00 price target.
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Read More on IGT:
- International Game unit extends contract with South Dakota Lottery
- International Game price target lowered to $35 from $37 at Truist
- International Game tightens FY23 revenue view to $4.3B from $4.2B-$4.3B
- International Game sees Q4 revenue $1.1B, consensus $1.09B
- INTERNATIONAL GAME TECHNOLOGY PLC REPORTS THIRD QUARTER 2023 RESULTS
