Susquehanna Maintains Positive on Cirrus Logic, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a positive outlook on Cirrus Logic (NASDAQ:CRUS), but has lowered the price target from $95 to $80.
October 24, 2023 | 3:10 pm
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NEGATIVE IMPACT
Cirrus Logic's price target has been lowered from $95 to $80 by Susquehanna, despite maintaining a positive outlook.
The lowering of the price target by Susquehanna indicates a potential decrease in the short-term value of Cirrus Logic's stock. Despite the positive outlook, this adjustment could lead to a negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100