Benchmark analyst Ruben Roy raised his price target on Cirrus Logic shares to $80 from $70 after his investor meetings with the company's CEO and IR Director left him incrementally positive on Cirrus' medium-term line of sight into increasing content at its largest customer over the next 12 months. Cirrus' purpose built haptics driver product has gained traction at the company's largest customer and in other top smartphone makers while it remains optimistic on new closed-loop controller products that it expects to begin shipping within the next 12 months, added Roy, who keeps a Buy rating on the stock.