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Fly News Breaks for July 23, 2015
CRUS
Jul 23, 2015 | 07:21 EDT
As noted earlier, Stifel upgraded Cirrus to Buy from Hold. After the company delivered beat and raise results, Stifel notes that Cirrus reported record revenue. The firm is upbeat about the outlook for the company's upcoming products, and predicts that its new 55nm technology node will provide better scale with suppliers and cost advantages. Target $45.
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