Cirrus Logic, Inc. (CRUS) Q2 Results and Guidance Beat Estimates

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Go back to Cirrus Logic, Inc. (CRUS) Q2 Results and Guidance Beat Estimates

Oppenheimer Raises Price Target on Cirrus Logic, Inc. (CRUS); Reiterates Outperform

October 28, 2016 10:02 AM EDT

Oppenheimer reiterated an Outperform rating on Cirrus Logic (NASDAQ: CRUS), and raised the price target to $65.00 (from $60.00), following the company's 2Q earnings report. sales and EPS of $428.6M/$1.35 came in ahead of $400.0M/$1.08 expectations.

Analyst Rick Schafer commented, "We are... More

Cirrus Logic (CRUS) PT Raised to $65 at Needham & Company

October 28, 2016 6:41 AM EDT

Needham & Company analyst reiterated a Buy rating and raised his price target on Cirrus Logic (NASDAQ: CRUS) to $65.00 (from $55.00) following strong results.

Analyst Rajvindra Gill commented, "We are increasing our estimates and PT on CRUS to $65 (vs $55) following a significant beat and... More