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Cypress Semiconductor Corporation (CY) [hlAlert]

Strong Buy
down 27.88 %

Cypress Semiconductor Corporation (CY) rated Strong Buy with price target $20 by Needham

Posted on: Friday,  May 1, 2015  8:25 AM ET by Needham

Needham rated Strong Buy Cypress Semiconductor Corporation (NASDAQ: CY) on 05/01/2015, when the stock price was $13.70.
Since then, Cypress Semiconductor Corporation has lost 27.88% as of 12/15/2015's recent price of $9.88.
If you would have followed this Needham's recommendation on CY, you would have lost 27.88% of your investment in 228 days.

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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2015 8:25 AM Buy
10.02 12.00
as of 8/27/2015
1 Week down  -11.31 %
1 Month down  -22.08 %
3 Months down  -24.80 %
1 YTD down  -5.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2015 8:25 AM Buy
10.02 12.00
5/1/2015 8:25 AM Buy
13.70 20.00
12/3/2014 8:25 AM Buy
12.00 16.00
7/18/2013 4:25 PM Buy
12.50 14.00
4/19/2013 8:25 AM Buy
9.78 12.00
2/19/2013 8:25 AM Buy
10.22 13.00
1/24/2012 8:25 AM Hold
10/3/2011 8:25 AM Buy
14.94 18.00

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