Barclays Capital Reiterates on Cirrus Logic After Amplifier Loss in iPad Air is Confirmed

In a report published Monday, Barclays Capital analyst Blayne Curtis reiterated an Underweight rating and $16.00 price target on Cirrus Logic (NASDAQ: CRUS ). In the report, Barclays Capital noted, “When we published our thoughts on the initial iPad Air teardowns last week, we noted that CRUS' audio CODEC was