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Fly News Breaks for January 29, 2016
CY
Jan 29, 2016 | 08:21 EDT
After Cypress provided lower than expected Q1 guidance, Sterne Agee says that the company's revenue trends and fab utilization came in signficantly below its estimates. The firm does not expect the company's results to beat expectations in 2H16, despite improved utilization trends that are expected to occur at that time. Target $8.
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