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Cypress Cost Cuts Have Analyst Ask: Will It Quit?

2015-03-16 22:20:49| Semiconductors - Topix.net

RBC Capital Markets analyst Doug Freedman, in a research report Monday, increased his price target for Cypress stock to 18 from 17 after the merger with Spansion. San Jose, Calif.-based Cypress Semiconductor, which specializes in microcontrollers and flash-memory chips in automotive, industrial and consumer markets, announced Friday that it had closed the merger, which it valued near $5 billion.

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