Stifel raised the firm’s price target on Cirrus Logic (CRUS) to $130 from $120 and keeps a Buy rating on the shares. Noting that Cirrus already sells to the Top 5 laptop PC OEMs in addition to being featured in laptops produced by its largest customer, the firm believes Cirrus is “ideally-placed to benefit” from the emerging laptop trend of voice becoming a key Human-Machine/AI Interface.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRUS:
- Cirrus, GlobalFoundries expand investment into semiconductor manufacturing
- Cirrus Logic’s Earnings Call: Revenue Growth and Market Expansion
- Cirrus Logic’s Strong Performance and Diversification Drive Buy Rating
- Cirrus Logic’s Strong Q1 Performance and Strategic Diversification Justify Buy Rating
- Cirrus Logic Reports Strong Q1 FY26 Earnings