Barclays Initiates Cypress Semiconductor With Overweight

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Barclays initiated coverage on
Cypress Semiconductor CorporationCY
with a Overweight rating. The target price for Cypress Semiconductor is set to $15. Cypress Semiconductor shares have gained 7.30 percent over the past 52 weeks, while the S&P 500 index has surged 4.48 percent in the same period. Cypress Semiconductor shares rose 1.73 percent to close at $11.76 yesterday.
Posted In: InitiationAnalyst RatingsBarclays
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