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Cypress Semiconductor Corporation (CY) [hlAlert]

Rating:
Buy CY
down 13.63 %

Cypress Semiconductor Corporation (CY) rated Buy with price target $15 by Broadpoint AmTech Research

Posted on: Thursday,  Jan 21, 2010  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Cypress Semiconductor Corporation (NASDAQ: CY) on 01/21/2010, when the stock price was $11.44.
Since then, Cypress Semiconductor Corporation has lost 13.64% as of 12/15/2015's recent price of $9.88.
If you would have followed this Broadpoint AmTech Research's recommendation on CY, you would have lost 13.63% of your investment in 2154 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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2010 9:25 AM Buy
None
11.44 15.00
as of 12/31/2010
1 Week up  11.57 %
1 Month up  29.22 %
3 Months up  60.96 %
1 YTD up  77.01 %

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