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UPDATE: Topeka Capital Markets Initiates Cypress Semiconductor with Buy on Attractive Entry Point

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In a report published Monday, Topeka Capital Markets analyst Suji De Silva initiated coverage on Cypress Semiconductor Corporation (NASDAQ: CY) with a Buy rating and $12.00 price target.

In the report, De Silva noted, “We are initiating coverage of Cypress Semiconductor with a Buy rating and a $12.00 price target. We believe that current CY stock levels represent an attractive entry point, given modest investor expectations for Touch Controller and margin recovery in 2013.”

Cypress Semiconductor Corporation closed on Friday at $10.13.

Latest Ratings for CY

DateFirmActionFromTo
Mar 2020CFRAUpgradesHoldBuy
Mar 2020Craig-HallumUpgradesHoldBuy
Nov 2019Cowen & Co.DowngradesOutperformMarket Perform

View More Analyst Ratings for CY
View the Latest Analyst Ratings

 

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