TD Cowen Maintains Buy on Cirrus Logic, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains a Buy rating on Cirrus Logic (NASDAQ:CRUS) and raises the price target from $100 to $115.
May 08, 2024 | 5:10 pm
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POSITIVE IMPACT
TD Cowen reaffirms a Buy rating on Cirrus Logic and increases the price target to $115.
The upgrade in price target by a reputable analyst like Matthew Ramsay from TD Cowen is a strong positive signal for Cirrus Logic. Such endorsements typically lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100