Barclays Maintains Overweight on Cirrus Logic, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis has maintained an Overweight rating on Cirrus Logic (NASDAQ:CRUS) and increased the price target from $95 to $110.
May 08, 2024 | 6:37 pm
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Barclays analyst Blayne Curtis reaffirmed an Overweight rating on Cirrus Logic and raised the price target to $110 from $95.
The upgrade in price target by a reputable analyst like Blayne Curtis from Barclays signals a strong confidence in Cirrus Logic's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100