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Feltl & Co Downgrades Cirrus Logic (CRUS) to Hold

November 1, 2012 9:56 AM
Feltl & Co downgraded Cirrus Logic (NASDAQ: CRUS) from Strong Buy to Hold with a price target of $44.00 (from $54.00) despite strong Q2 results and guidance from the company.

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 $40.78 yesterday, with a 52 week range of $14.26-$45.49.

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