Cypress Semi (NASDAQ:CY) stock price target increased to $11.00, released a research note earlier today by Barclays
- Updated: October 18, 2016
Cypress Semi (NASDAQ:CY) had its stock price target increased to $11.00 by Barclays in an issued report announced 10/18/2016. The upped price target suggests a potential upside of 0.03% from the company's most recent stock price close.
On 9/1/2016, Roth Capital released a statement on Cypress Semi (NASDAQ:CY) raised the target price from $0.00 to $13.00. At the time, this indicated a possible upside of 0.09%.
Yesterday Cypress Semi (NASDAQ:CY) traded -0.56% lower at $10.73. CY’s 50-day average is $11.71 and its two hundred day average is $10.55. With the last stock price close up 1.13% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 762,757 shares of the stock were exchanged, down from an average trading volume of 6,088,750
Cypress Semi has with a one year low of $6.30 and a one year high of $12.48 and has a total market value of $0.
In addition to Barclays reporting its stock price target, a total of 12 brokerages have issued a research note on the company. The 12-month price target is $10.75 with 1 firm rating the stock a strong buy, seven equity analysts rating the company a buy, five brokers rating the stock a hold, 0 brokers rating the stock a underperform, and lastly zero brokerages rating the company a sell.
Brief Synopsis On Cypress Semi (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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.