News Breaks |
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| March 15, 2013 |
| 08:26 EDT |  | CRUS | Cirrus Logic price target lowered to $34 from $42 at Sterne Agee
Sterne Agee lowered its estimates on Cirrus to reflect the company's reduced sales to Apple (AAPL), but the firm believes that the company could keep its overall gross margins over 50% even while selling audio components for a lower cost Apple phone. The firm still thinks the company has significant opportunity to grow, and it maintains a Buy rating on the shares. |
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News For CRUS From The Last 14 Days Check below for free stories on CRUS the last two weeks. |
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| May 24, 2013 |
| 06:16 EDT |  | CRUS | Cirrus Logic downgraded to Hold from Buy at Canaccord
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| May 23, 2013 |
| 16:23 EDT |  | CRUS | On The Fly: Closing Wrap
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| 12:38 EDT | | CRUS | On The Fly: Midday Wrap
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| 12:01 EDT | | CRUS | Cirrus Logic downgraded to Hold from Buy at Stifel
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| 11:31 EDT |  | CRUS | Cirrus Logic tumbles after reducing long-term margin outlook
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| 10:50 EDT | | CRUS | Cirrus Logic drops 14% after discussing pricing, margin pressures
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| 10:46 EDT | | CRUS | Cirrus Logic sees margins in mid-40's due to pricing pressures
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| 10:44 EDT |  | CRUS | Cirrus Logic volatility low after sharp two-day sell off
Cirrus Logic June call option implied volatility is at 51, July is at 50, August and September is at 54; compared to its 26-week average of 56 according to Track Data, suggesting decreasing price movement. |
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| 10:43 EDT |  | CRUS | Cirrus Logic reaffirms Q2 revenue outlook $150M-$170M
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| May 13, 2013 |
| 07:39 EDT |  | CRUS | Needham to host a bus tour
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