Susquehanna Maintains Positive on Cirrus Logic, Lowers Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
Susquehanna analyst Christopher Rolland has maintained a positive rating on Cirrus Logic (NASDAQ:CRUS) but lowered the price target from $95 to $90.
July 25, 2023 | 2:18 pm
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NEUTRAL IMPACT
Cirrus Logic's price target has been lowered from $95 to $90 by Susquehanna, although the rating remains positive.
The news is directly about Cirrus Logic and is likely to impact investor sentiment. While the lowered price target might be seen as a negative, the continued positive rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100