Cirrus Logic, Inc. (CRUS) Tops Q2 EPS by 8c; Boosts Outlook

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Canaccord Genuity Boosts Target on Cirrus Logic (CRUS) after Q2; Shares Sink

November 1, 2012 10:49 AM EDT

Canaccord Genuity raised their price target on Cirrus Logic (NASDAQ: CRUS) from $48 to $52 following Q2 results and guidance after the close.

"We reiterate a BUY rating for CRUS following upside and DecQ guidance well above consensus," the firm comments. "We believe... More

Feltl & Co Downgrades Cirrus Logic (CRUS) to Hold

November 1, 2012 9:56 AM EDT

Feltl & Co downgraded Cirrus Logic (NASDAQ: CRUS) from Strong Buy to Hold with a price target of $44.00 (from $54.00) despite strong Q2 results and guidance from the company.

For an analyst ratings summary and ratings history on Cirrus Logic... More

Needham & Company Upgrades Cirrus Logic (CRUS) to Strong Buy on Strong Q2, Q3 Outlook

November 1, 2012 7:38 AM EDT

Needham & Company upgraded Cirrus Logic (NASDAQ: CRUS) from Buy to Strong Buy with a price target of $57.00 (from $53.00) following strong Q2 results and Q3 guidanc.e

The firm comments, "CRUS reported SepQ2 revenue 7% above consensus and EPS that was $0.08 better than expectations at $0.79. The DecQ3 guidance was much bigger than anticipated with Q/Q revenue growth of 47%... More

Apple (AAPL) Traders Look to Strong Cirrus Logic (CRUS) Results for Clues

October 31, 2012 4:28 PM EDT

Apple (NASDAQ: AAPL) traders are chatting after-hours Wednesday following blow-out results and raised guidance from an Apple-supplier Cirrus Logic, Inc. (NASDAQ: CRUS).

Cirrus Logic reported Q2 EPS of $0.79, $0.08 better than the analyst estimate of $0.71. Revenue for the... More

Cirrus Logic (CRUS) to resume trading at 4:30PM

October 31, 2012 4:24 PM EDT

Cirrus Logic, Inc. (NASDAQ: CRUS) is set to resume trading at 4:30PM ET after strong Q2 results and raised Q3 outlook.... More

Cirrus Logic (CRUS) halted on results

October 31, 2012 4:00 PM EDT

Cirrus Logic, Inc. (NASDAQ: CRUS) halted on results... More