Stifel Adjusts Cirrus Logic Price Target
Stifel has lowered its price target for Cirrus Logic, Inc. from $160 to $145.
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Analyst Rick Schafer of Oppenheimer has reaffirmed a 'Hold' rating for Cirrus Logic, Inc.
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Stifel has lowered its price target for Cirrus Logic, Inc. from $160 to $145.
Cirrus Logic announced its second-quarter financial results, reporting revenue of $559.5 million and adjusted earnings of $2.70 per share, while providing third-quarter revenue guidance.