Susquehanna raised the firm’s price target on Cirrus Logic (CRUS) to $140 from $135 and keeps a Positive rating on the shares. The firm said they are excited by the near-term PC opportunity, overlaid by the longer-term AI opportunities in power and audio.
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Read More on CRUS:
- Cirrus Logic assumed with a Buy at Loop Capital
- Cirrus Logic Faces IT Vulnerabilities: Potential Impact on Financial Stability and Operational Continuity
- Cirrus Logic price target lowered to $135 from $160 at Susquehanna
- Cirrus Logic price target lowered to $105 from $120 at Barclays
- Cirrus Logic Posts Record Revenue and Earnings
