tiprankstipranks
Blurbs

Cirrus Logic (CRUS) Receives a Buy from KeyBanc

KeyBanc analyst John Vinh maintained a Buy rating on Cirrus Logic (CRUSResearch Report) yesterday and set a price target of $120.00. The company’s shares closed last Tuesday at $92.81.

According to TipRanks.com, Vinh is a 5-star analyst with an average return of 20.1% and a 66.5% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Silicon Laboratories.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cirrus Logic with a $111.40 average price target.

See today’s best-performing stocks on TipRanks >>

Based on Cirrus Logic’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $466 million and net profit of $85.1 million. In comparison, last year the company earned revenue of $347 million and had a net profit of $59.49 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Cirrus Logic, Inc. develops high-precision, analog and mixed-signal integrated circuits for a range of customers. It builds an analog and signal-processing patent portfolio. The firm delivers optimized products for a variety of audio, industrial and energy-related applications. Its product lines include portable audio products and non-portable audio and other products. The company was founded by Suhas S. Patil and Michael L. Hackworth in 1984 and is headquartered in Austin, TX.

Read More on CRUS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed