Cirrus Logic, Inc. (CRUS) Tops Q1 EPS by 14c; Guides Q2 Revenue Above Street

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Cirrus Logic (CRUS) PT Raised to $110 at Needham & Company

July 29, 2021 8:25 AM EDT

Needham & Company analyst Rajvindra Gill raised the price target on Cirrus Logic (NASDAQ: CRUS) to $110.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "Cirrus delivered a strong beat-and-raise quarter, guiding to Sept. sales of $450MM (or ~$433 ex. pro-rated Lion acquisition... More