Cirrus Logic (CRUS) Could Benefit from Audience's (ADNC) Demise
Tweet
Share
E-mailGet Alerts CRUS Hot Sheet
Price: $86.29 --0%
Rating Summary:
15 Buy, 3 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 8 | New: 5
Rating Summary:
15 Buy, 3 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 8 | New: 5
Join SI Premium – FREE
Cirrus Logic (NASDAQ: CRUS) could see increased Apple (NASDAQ: AAPL) business following news from Audience, Inc. (NASDAQ: ADNC) that its IP will likely not be in the next iPhone.
The news increases Strene Agee's Andrew Huang conviction that Cirrus Logic is about to get a "significant" increase in dollars per device from Apple.
Sterne Agee maintained a Buy rating and price target of $48 on CRUS.
For an analyst ratings summary and ratings history on Cirrus Logic click here. For more ratings news on Cirrus Logic click here.
Shares of Cirrus Logic closed at $44.89 yesterday.
The news increases Strene Agee's Andrew Huang conviction that Cirrus Logic is about to get a "significant" increase in dollars per device from Apple.
Sterne Agee maintained a Buy rating and price target of $48 on CRUS.
For an analyst ratings summary and ratings history on Cirrus Logic click here. For more ratings news on Cirrus Logic click here.
Shares of Cirrus Logic closed at $44.89 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lam Research (LRCX) PT Raised to $960 at Mizuho
- Needham Upgrades Silicon Labs (SLAB) to Buy
- Truist Securities Double Downgrades Monster Beverage (MNST) to Sell
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Sterne AgeeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
