“`html
Cirrus Logic Inc (Symbol: CRUS) has seen its shares rise above the average analyst 12-month target price of $106.62, currently trading at $108.59 per share. This significant milestone has prompted analysts to consider adjusting their target prices either upward or downward, reflecting recent business developments related to the stock.
Among analysts in the Zacks coverage universe, the target prices for CRUS vary, with a low estimate of $90 and a high of $120, resulting in a standard deviation of $9.545. Currently, there are six strong buy ratings, one buy rating, one hold rating, and one sell rating, with an average rating of 1.67, indicating a generally favorable outlook.
“`
