Zacks Rating on Cypress Semiconductor Corporation (CY)

Cypress Semiconductor Corporation (CY) : 5 brokerage houses believe that Cypress Semiconductor Corporation (CY) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cypress Semiconductor Corporation (CY). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.61.

Cypress Semiconductor Corporation (CY) : Currently there are 7 street experts covering Cypress Semiconductor Corporation (CY) stock. The most bullish and bearish price target for the stock is $15 and $10 respectively for the short term. The average price target of all the analysts comes to $12.29. The estimated standard deviation from the target is $1.98.


Shares of Cypress Semiconductor Corporation appreciated by 0.36% during the last five trading days but lost 0.27% on a 4-week basis. Cypress Semiconductor Corporation is up 14.16% in the last 3-month period. Year-to-Date the stock performance stands at 17.89%. Cypress Semiconductor Corporation (NASDAQ:CY): stock turned positive on Tuesday. Though the stock opened at $11.4, the bulls momentum made the stock top out at $11.42 level for the day. The stock recorded a low of $11.27 and closed the trading day at $11.28, in the green by 0.45%. The total traded volume for the day was 2,706,324. The stock had closed at $11.23 in the previous days trading.

Cypress Semiconductor Corporation is a provider of mixed-signal programmable solutions. The Companys offerings include PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. It caters to markets, including industrial, mobile handsets, consumer, computation, data communications, automotive and military. The Company operates in four segments: Programmable Systems Division, Memory Products Division, Data Communications Division and Emerging Technologies Division. The Programmable Solutions Division designs and develops solutions for end-product manufacturers. The Memory Products Division designs and manufactures SRAM products and non-volatile RAMs (random access memories). The Data Communications Division focuses on solutions for industrial, handset and consumer applications. The Emerging Technologies Division consists of the Companys subsidiaries, AgigA Tech, Inc. and Deca Technologies, Inc.

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