Oppenheimer analyst Rick Schafer raised his price target for Cirrus Logic (CRUS) to $65 from $60 after the company's beat and raise results. The analyst views the results/outlook as further confirmation of a 70% content bump for Cirrus Logic in the Apple (AAPL) iPhone 7. Moreover, he expects the Apple content story to continue in the 2017 refresh, and sees further upside as likely driven by Android customers following Apple's lead in making the digital headset switch in the near term. Schafer reiterates an Outperform rating on Cirrus Logic's shares.

Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link