Chip stocks fall after Texas Instruments, STMicro warn on slowing demand
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Cypress Semi (CY) PT Lowered to $16 at Susquehanna
October 26, 2018 7:49 AM EDTSusquehanna analyst Christopher Rolland lowered the price target on Cypress Semi (NASDAQ: CY) to $16.00 (from $18.00) while maintaining a Positive rating.
"Guidance reset lower as CY is impacted by slowing demand trends originating from Asia," Rolland notes. 'Stock is down more than most, likely bakes in most of the deterioration."
... MoreBullish Options Positioning in Intel (INTC) Targets Upside in Shares Ahead of Today's Earnings Announcement After the Close -Susquehanna
October 25, 2018 2:51 PM EDTSusquehanna options strategist Alison Edwards notes bullish options positioning in Intel (NASDAQ: INTC) ahead of earnings after the close today, as investors bought 9k Nov2 45/46 call spreads for $0.36 and bought 8k Nov2 45/47 call spreads for $0.61. These investors open upside exposure expressing sentiment that stock... More
