Stifel Maintains Buy on Cirrus Logic, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Cirrus Logic (NASDAQ:CRUS) and raises the price target from $100 to $110.
May 08, 2024 | 1:16 pm
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Stifel analyst Tore Svanberg reaffirms a Buy rating on Cirrus Logic and increases the price target to $110.
The upgrade in price target by a reputable analyst like Tore Svanberg suggests a positive outlook on Cirrus Logic's stock, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100