Cirrus Logic price target raised to $90 from $80 at Barclays

Barclays analyst Tom O’Malley raised the firm’s price target on Cirrus Logic (CRUS) to $90 from $80 and keeps an Equal Weight rating on the shares. Apple’s iPhone 16 and likely some pull-ins makes Cirrus Logic’s first half of 2025 “look much better,” the analyst tells investors in a research note.