Latest Breaking News On - Cypress semiconductor trading higher following encouraging updatethursday - Page 1 : comparemela.com

J.P. Morgan is out with its report today on Cypress Semiconductor (NASDAQ: CY), raising its PT from $11 to $12. In a note to clients, J.P. Morgan writes, CY is trading at 4.2X our C11 sales estimate, the high end of its historical range of 1.0X-5.0X TTM sales. We are increasing our December 2011. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

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