Cirrus Logic (CRUS) has disclosed a new risk, in the Technology category.
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Cirrus Logic faces significant business risks due to its reliance on information technology systems, which are integral to its operations. Disruptions to these systems, whether from cyber-attacks, natural disasters, or third-party failures, could severely impact the company’s ability to conduct business effectively. Such disruptions could lead to data loss, transaction processing issues, and reputational damage, ultimately affecting the company’s financial stability and profitability. The potential for extended system outages poses a substantial threat to Cirrus Logic’s operational resilience and financial health.
The average CRUS stock price target is $121.00, implying 21.13% upside potential.
To learn more about Cirrus Logic’s risk factors, click here.