Cirrus Logic Inc. Message Board
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Phew! That was fun! Next stop -- $60
Well, some analyst has a price target of $64. So it's not a nutty call. The question is how long will it take to get there? Before our meltdown, many here thought we'd be there by X-mas or soon thereafter. That's certainly not a confident thing to say anymore, after a 25-30% drop.
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It can go to 90 and still only be 22.4 next years earnings forecast (which is too low)
- 2 Replies to tavisman01
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Just to be clear. My prediction right now is for $60 by probably May of next year. I'm expecting new all-time highs in the broader indices some time next year as well. We'll see what happens as things unfold.
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Sure could!
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Could be by May of next year. Never know for sure, of course.
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22.25-0.01(-0.04%)May 17 4:00 PMEDT