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Cypress Semiconductor Corporation (CY) [hlAlert]

Hold CY

Cypress Semiconductor Corporation (CY) rated Hold with price target $9 by Topeka Capital Markets

Posted on: Thursday,  Oct 16, 2014  4:25 PM ET by Topeka Capital Markets

Cypress Semiconductor Corporation (NASDAQ: CY)
rated Hold with price target $9 by Topeka Capital Markets.

Cypress Semiconductor Corporation (Cypress)is a broad-line semiconductor company. The Company delivers mixed-signal, programmable solutions. Cypress also offers wired and wireless connectivity solutions. Cypress serves markets, including consumer, computation, data communications, automotive and industrial and white goods. Cypress?s reportable segment includes Consumer and Computation Division, Data Communications Division, Memory and Imaging DivisionOther On September 29, 2008, Cypress spun-off its majority owned subsidiary, SunPower Corporation (SunPower). In July 2008, Cypress completed the sale of certain product lines of its subsidiary, Silicon Light Machines (SLM), to Dainippon Screen Manufacturing Co. Ltd. In September 2008, Cypress acquired Simtek Corporation (Simtek) through the merger of its wholly owned subsidiary Copper Acquisition Corporation with and into Simtek Corporation.

Topeka Capital Markets
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2014 8:25 AM Buy
12.00 13.00
as of 8/27/2015
1 Week down  -11.31 %
1 Month down  -22.08 %
3 Months down  -24.80 %
1 YTD down  -17.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2014 4:25 PM Hold
9.12 9.00

(*) Stock Price at the time of the recommendation.
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