Information Provided By:
Fly News Breaks for June 3, 2019
IFNNY, CY
Jun 3, 2019 | 10:51 EDT
Roth Capital analyst Suji Desilva downgraded Cypress Semiconductor (CY) to Neutral from Buy on the announcement of its planned all-cash acquisition by Infineon Technologies (IFNNY). The analyst raised his price target for the shares to $24 from $20.