Cracking The Code: Understanding Analyst Reviews For Cirrus Logic
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed reviews for Cirrus Logic (NASDAQ:CRUS) over the past three months, with a range of ratings from bullish to indifferent. The average 12-month price target has increased by 20.47% to $153.0. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Cirrus Logic has shown strong financial metrics, including a 17.98% revenue growth rate and a net margin of 11.25%.
October 10, 2024 | 2:01 pm
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Cirrus Logic has received mixed analyst ratings, with a recent increase in the average price target to $153.0, reflecting a 20.47% rise. The company's strong financial performance, including a 17.98% revenue growth rate and a net margin of 11.25%, supports a positive outlook.
The increase in the average price target and strong financial metrics such as revenue growth and net margin suggest a positive short-term impact on Cirrus Logic's stock price. Analysts' mixed ratings indicate some uncertainty, but the overall financial health of the company supports a likely upward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100