Form 8-K CYPRESS SEMICONDUCTOR For: Oct 25

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Go back to Form 8-K CYPRESS SEMICONDUCTOR For: Oct 25

Cypress Semi (CY) PT Lowered to $16 at Susquehanna

October 26, 2018 7:49 AM EDT

Susquehanna 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."

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