Cirrus Logic, Inc. (CRUS) Tops Q1 EPS by 16c

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Cirrus Logic (CRUS) PT Raised to $55 at Needham & Company on 'Significant Beat and Raise'

July 28, 2016 6:27 AM EDT

Needham & Company analyst Rajvindra Gill reiterated a Buy rating and lifted his price target on Cirrus Logic (NASDAQ: CRUS) to $55.00 (from $50.00) following "a significant beat and raise quarter owing to stabilizing Apple iPhone 7 units combined with a ~40% dollar content... More