Cirrus Logic, Inc. (CRUS) Tops Q2 EPS by 36c, Q4 Revenue Guidance Beats

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Cirrus Logic (CRUS) PT Raised to $95 at Cowen

November 3, 2020 6:40 AM EST

Cowen analyst Karl Ackerman raised the price target on Cirrus Logic (NASDAQ: CRUS) to $95.00 (from $90.00) while maintaining an Outperform rating.

The analyst commented, "We had thought Cirrus' content was under-modeled, but the blowout results/guidance indicate the content step-up potential is larger... More