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Fly News Breaks for May 1, 2017
CY
May 1, 2017 | 07:22 EDT
Loop Capital analyst Betsy Van Hees noted that Cypress Semiconductor gave a mixed Q2 outlook, though she believes the company is seeing broad based improvements in demand and recommends Friday's weakness be used to add to positions, as Q1 results topped expectations and her long-term thesis remains intact. Van Hees keeps a Buy rating and $16 price target on Cypress Semiconductor shares.
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