A report released today by Barclays PLC about Cypress Semiconductor Corporation (NASDAQ:CY) ups the target price to $11.00
- Updated: October 17, 2016
Displaying a price of $10.73, Cypress Semiconductor Corporation (NASDAQ:CY) traded -0.56% lower on the day. With the last close up 1.13% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Cypress Semiconductor Corporation has recorded a 50-day average of $11.71 and a two hundred day average of $10.55. Volume of trade was down over the average, with 762,757 shares of CY changing hands under the typical 6,088,750
In a report issued Tuesday October 18, 2016 Barclays PLC upped the price target of Cypress Semiconductor Corporation (NASDAQ:CY) to $11.00 reporting a possible upside of 0.03%.
On 9/01/2016, Roth Capital released a statement on Cypress Semiconductor Corporation (NASDAQ:CY) raised the target price from $0.00 to $13.00 that suggested an upside of 0.09%.
With a total market value of $0, Cypress Semiconductor Corporation has with a one year low of $6.30 and a 52 week high of $12.48 .
In addition to Barclays PLC reporting its stock price target, a total of 12 brokers have issued a report on the company. The average stock price target is $10.75 with one analyst rating the company a strong buy, seven firms rating the stock a buy, 5 firms rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero firms rating the stock a sell.
General Information About Cypress Semiconductor Corporation (NASDAQ:CY)
Cypress Semiconductor Corporation delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices. The Company's segments include Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. The Programmable Solutions Division designs and develops solutions for end-product manufacturers. The Memory Products Division designs and manufactures portfolio of high-performance memories for embedded systems. The Data Communications Division focuses on solutions for industrial, handset and consumer applications. The Emerging Technologies Division consists of its subsidiaries, AgigA Tech, Inc. and Deca Technologies, Inc. Its product portfolio includes NOR flash memories, Traveo microcontrollers, programmable system-on-chip solutions, CapSense capacitive touch-sensing controllers, and Wireless Bluetooth Low-Energy and universal serial bus (USB) connectivity solutions.
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