02:27 PM EST, 02/05/2025 (MT Newswires) -- Silicon Laboratories ( SLAB ) shares were up about 7% in recent Wednesday trading after Benchmark upgraded the stock to buy from hold with a $160 price target.

Separately, Morgan Stanley raised its price target on the stock to $141 from $132 while keeping its equalweight rating.

Trading volume stood at over 495,000 shares against a daily average of roughly 310,000.

Price: 146.10, Change: +9.50, Percent Change: +6.95