Barclays upgrades Cirrus Logic to Equal Weight ahead of Apple 5G cycle Barclays analyst Blayne Curtis upgraded Cirrus Logic (CRUS) to Equal Weight from Underweight with a price target of $65, up from $60. The stock is down over 20% since earnings while December quarter estimates are achievable, Curtis tells investors in a research note. Further, investors will want to own the stock ahead of the Apple (AAPL) 5G cycle and "positive inflection" in content in the second half of 2021, says the analyst. Curtis sees Cirrus Logic shares "drifting higher not lower from here."
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