Barclays analyst Blayne Curtis maintained a Sell rating on Cirrus Logic (CRUS) today and set a price target of $30. The company’s shares opened today at $38.29, close to its 52-week low of $34.49.
According to TipRanks.com, Curtis is a 5-star analyst with an average return of 9.4% and a 59.2% success rate. Curtis covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Smart Global Holdings Inc, and Integrated Device Tech.
Currently, the analyst consensus on Cirrus Logic is a Moderate Buy with an average price target of $43.25.
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The company has a one-year high of $57.39 and a one-year low of $34.49. Currently, Cirrus Logic has an average volume of 951.8K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock.
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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 company delivers optimized products for a variety of audio, industrial and energy-related applications.
