Feltl & Co Downgrades Cirrus Logic (CRUS) to Hold

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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

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

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

October 31, 2012 4:02 PM EDT

Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q2 EPS of $0.79, $0.08 better than the analyst estimate of $0.71. Revenue for the quarter came in at $194 million versus the consensus estimate of $179.77 million.

Cirrus Logic, Inc. sees Q3 2013 revs of $270-300 million, versus the consensus of $237.65... More