Sterne Agee Maintains Buy Rating and $20 PT on Cypress Semiconductor

by Benzinga Staff
November 29, 2011 9:38 AM | 25 seconds read | Make a Comment

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A report from Sterne Agee reiterates its Buy rating and $20 price target on Cypress Semiconductor (NASDAQ: CY).The report states, “We believe CY might be one of the beneficiaries of a stronger Black Friday and Cyber Monday sell-through. We believe two of its key Tablet customers had a strong holiday weekend. The Acer 10” Tab was one of the Key Deals for Cyber Monday also and the Nook Color was a top 10 best seller on Best Buy.”CY closed yesterday at $17.57.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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Posted In: Analyst ColorReiterationAnalyst RatingsSterne Agee & Leach

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