Cirrus Logic Reports Q1 Revenue of $282.6 Million
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July 23, 2015 9:03 AM EDT
Rosenblatt analyst Brian Blair reiterated a Buy rating and raised its price target on Cirrus Logic (NASDAQ: CRUS) to $38.00 (from $30.00) following strong Q1 results.
Blair commented, "Cirrus Logic reported June quarter results that were above our views and above consensus. Guidance for the third... More
July 23, 2015 6:46 AM EDT
Stifel upgraded Cirrus Logic (NASDAQ: CRUS) from Hold to Buy with a price target of $45.00.
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 $30.71 yesterday.
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July 22, 2015 4:01 PM EDT
Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q1 EPS of $0.54, $0.11 better than the analyst estimate of $0.43. Revenue for the quarter came in at $282.6 million versus the consensus estimate of $260.73 million.
Cirrus Logic, Inc. sees Q2 2016 revenue of $290-310 million, versus the consensus of $274.2... More
