Silicon Labs Records First Annual Growth In Eight Quarters, Analyst Says Current Estimates Have 'Positive Bias'

1. Silicon Laboratories upgraded from Hold to Buy by analyst Cody Acree. 2. Price target raised from $160 to $166, reflecting positive growth outlook. 3. First year-on-year growth in eight quarters indicates improving fundamentals. 4. Normalizing inventory levels support forecasts for sequential growth till 2025. 5. Positive market share gains in healthcare and retail sectors noted.