Where Cirrus Logic Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Cirrus Logic (NASDAQ:CRUS) received 2 bullish, 3 somewhat bullish, and 1 indifferent analyst ratings. The company's average 12-month price target is $98.33, down 11.09% from the previous average of $110.60.
May 22, 2023 | 7:02 pm
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Cirrus Logic's average 12-month price target decreased by 11.09% to $98.33. Analysts' ratings include 2 bullish, 3 somewhat bullish, and 1 indifferent.
The decrease in the average 12-month price target for Cirrus Logic indicates a slightly less optimistic outlook from analysts. However, the majority of the ratings are still bullish or somewhat bullish, suggesting that the stock may not experience significant short-term price changes. The indifferent rating adds some uncertainty, but overall, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100