Cantor Fitzgerald Upgrades Cypress Semi (CY) to Hold; In-Line Q2, Disappointing Outlook, But Downside Limited
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Price: $23.82 --0%
Rating Summary:
10 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Cantor Fitzgerald upgraded Cypress Semi (NASDAQ: CY) from Sell to Hold with a price target of $11.00.
Analyst, Dale R. Pfau, said, "We are upgrading the shares of Cypress to Hold as the shares reached our target price. We believe that the downside is probably limited from here and that there is the potential that 4Q:12 will be better than we currently project."
For an analyst ratings summary and ratings history on Cypress Semi click here. For more ratings news on Cypress Semi click here.
Shares of Cypress Semi closed at $10.81 yesterday.
Analyst, Dale R. Pfau, said, "We are upgrading the shares of Cypress to Hold as the shares reached our target price. We believe that the downside is probably limited from here and that there is the potential that 4Q:12 will be better than we currently project."
For an analyst ratings summary and ratings history on Cypress Semi click here. For more ratings news on Cypress Semi click here.
Shares of Cypress Semi closed at $10.81 yesterday.
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