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Cirrus Logic Down 2.2% Before Open; KeyBanc Cuts Rating.

KeyBanc cited Apple’s iPhone unit projections and the possibility of lower unit sales in 2027.

Updated 1 min read
A technician seats a semiconductor component in a test fixture at an electronics lab in Austin, Texas. (AI-generated image / EconoTimes)
A technician seats a semiconductor component in a test fixture at an electronics lab in Austin, Texas. (AI-generated image / EconoTimes)

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Cirrus Logic was trading 2.2% lower ahead of the Oct. 15 U.S. session. The rating action came from KeyBanc, which pointed to Apple’s iPhone unit projections.

KeyBanc’s assessment pointed to the possibility of lower iPhone unit sales in 2027.

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