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MarketBeat
MarketBeat
Ryan Hasson

Cirrus Logic Upgraded After Q3 Earnings Beat—More Gains Ahead?

Mid-cap fabless semiconductor company Cirrus Logic, Inc. (NASDAQ: CRUS) saw its stock climb nearly 7% on Wednesday following an impressive earnings beat reported in the after-hours on Tuesday. The strong results prompted multiple analyst upgrades, including one from Benchmark, which cited a solid Q3 performance and a promising outlook. After a steep decline from its 52-week highs, Cirrus Logic appears to be regaining momentum, raising the question, does this mark an opportune time to invest?

Getting to Know Cirrus Logic

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