UPDATE: Wunderlich Securities Downgrades Cypress Semiconductor Corporation to Hold, Lowers PT
Posted on January 25, 2013 at 07:53 AM EST
In a report published Friday, Wunderlich Securities downgraded its rating on Cypress Semiconductor Corporation (NASDAQ: CY ) from Buy to Hold, and lowered its price target from $12.00 to $10.00. Wunderlich Securities noted, “We are lowering our rating on Cypress (CY) to Hold from Buy due to the accelerated commoditization