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Fly News Breaks for September 8, 2016
CRUS
Sep 8, 2016 | 08:40 EDT
Pacific Crest analyst John Vinh says that Cirrus Logic is the "biggest beneficiary" of the audio-jackless iPhone 7. He thinks that Cirrus' revenue per iPhone has increased by $2.50. However, he thinks that "much" of this increase has already been incorporated into Cirrus' guidance and its stock price. He keeps a Sector Weight rating on the stock.
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