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Fly News Breaks for October 17, 2019
CRUS
Oct 17, 2019 | 05:31 EDT
Barclays analyst Blayne Curtis upgraded Cirrus Logic to Equal Weight from Underweight with a $55 price target. The analyst no longer sees a downside catalyst and risk to consensus estimates. Further, with the "closed loop" socket coming in Apple's 5G iPhone next year, Cirrus Logic is positioned to beat earnings expectations, Curtis tells investors in a research note.
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