Cypress Semiconductor (CY) Reports In-Line Q3 EPS

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Normura Securities Says Cypress Semi (CY) Sell-Off Excessive

October 19, 2012 11:04 AM EDT

Normura Securities maintained a Buy rating on Cypress Semi (NASDAQ: CY) but cut its price target to $12.00 (from $15.00).

Analyst Sidney Ho said "The stock sell-off post earnings seems excessive to us. While estimates do come down to reflect macro weakness, the company should see... More

Cypress (CY) Guides Q4 EPS, Revs Ex. Ramtron Below Views on Call

October 18, 2012 12:00 PM EDT

Cypress Semiconductor (Nasdaq: CY) shares are lower on the session Thursday following updated fourth-quarter guidance on its conference call today.

Cypress said it sees fourth-quarter EPS of 16 cents to 18 cents and revs of $186 million to $192 million, excluding the Ramtron merger. The Street is... More