Cypress Semiconductor (CY) Reports In-Line Q2 EPS
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Cypress Semi (CY) PT Raised to $14 at Needham & Company on GM Expansion and Take-out Multiple
July 29, 2016 12:53 PM EDTNeedham & Company analyst Rajvindra Gill reiterated a Buy rating and lifted his price target on Cypress Semi (NASDAQ: CY) to $14.00 (from $12.00) on gross margin expansion and takeout multiple.
Gill commented, "We are increasing our PT to $14 following a solid qrt and guide... More
