Analysts Offer Insights on Technology Companies: Cirrus Logic (CRUS) and NXP Semiconductors (NXPI)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Cirrus Logic (CRUS – Research Report) and NXP Semiconductors (NXPI – Research Report).
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Cirrus Logic (CRUS)
In a report released yesterday, Rick Schafer from Oppenheimer maintained a Hold rating on Cirrus Logic. The company’s shares closed last Tuesday at $124.58.
According to TipRanks.com, Schafer is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cirrus Logic with a $139.17 average price target, which is a 6.6% upside from current levels. In a report issued on February 2, Loop Capital Markets also downgraded the stock to Hold with a $130.00 price target.
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NXP Semiconductors (NXPI)
TD Cowen analyst Joshua Buchalter maintained a Buy rating on NXP Semiconductors yesterday and set a price target of $250.00. The company’s shares closed last Tuesday at $220.66.
According to TipRanks.com, Buchalter is a 5-star analyst with an average return of
Currently, the analyst consensus on NXP Semiconductors is a Strong Buy with an average price target of $255.41, a 16.2% upside from current levels. In a report released yesterday, TipRanks – Google also reiterated a Buy rating on the stock with a $258.00 price target.
