ON Semiconductor Corporation (ON) Receives Average Recommendation of "Buy" from Brokerages

Cypress Semiconductor Corporation has a 52 week low of $9.63 and a 52 week high of $16.00. There are brokerage firms with lower targets than the average, including one setting a price target of $15. About 427,707 shares traded. ON Semiconductor Corp (NASDAQ:ON) has risen 70.76% since October 11, 2016 and is uptrending. It has outperformed by 22.75% the S&P500. Short interest grew from 2,486,548 to 2,746,878 over that period. Given that its average daily volume over the 30 days has been 5.51M shares a day, this signifies a pretty significant change over the norm. With 5.87 million avg volume, 5 days are for Cypress Semiconductor Corporation (NASDAQ:CY)'s short sellers to cover CY's short positions. Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has declined 3.55% since October 10, 2016 and is downtrending.

Covering sell-side analysts have recently weighed in on shares of Calpine Corporation (NYSE:CPN). Therefore 63% are positive. Cypress Semiconductor Corporation had 52 analyst reports since August 31, 2015 according to SRatingsIntel. The company maintains price to book ratio of 6.87. The firm earned "Buy" rating on Wednesday, November 25 by Goldman Sachs. The stock has "Buy" rating by Topeka Capital Markets on Friday, October 9.

02/07/2014 - Lattice Semiconductor Corporation had its "buy" rating reiterated by analysts at Mizuho. The firm has "Buy" rating given on Monday, July 17 by Jefferies.

Cypress Semiconductor Corporation (NASDAQ:CY) recent rally took place on significantly less volume which dipped to almost 3.36 million contracts on 09-Oct-17 versus its daily average of 5.51 million. A 15 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of ON or, if they already own its stock, sell it. 0 analysts gave its stock an Outperform rating.

Since June 7, 2017, it had 0 buys, and 1 insider sale for $89,464 activity.

Cypress Semiconductor Corporation, launched on September 26, 1986, manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The company has a market cap of $5.14B. The Company's segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. After $0.26 actual earnings per share reported by ON Semiconductor Corp for the previous quarter, Wall Street now forecasts 53.85 % EPS growth. The King Luther Capital Management Corp holds 429,625 shares with $2.86 million value, down from 687,835 last quarter.

A number of institutional investors and hedge funds have recently bought and sold shares of ON. 56 funds opened positions while 122 raised stakes. Advisors Capital Management LLC increased its stake in shares of Cypress Semiconductor by 3.3% in the 2nd quarter. Boston Ltd Liability Corporation has 69,625 shares.

Kassirer Asset Management Corp downsized its stake by shedding 50,000 shares a decrease of 33.3% as of 06/30/2017. Great West Life Assurance Can holds 0% or 10,481 shares in its portfolio. Gamco Invsts Et Al accumulated 0.19% or 2.13 million shares. Citadel Advsrs Lc has invested 0% in Lattice Semiconductor Corp (NASDAQ:LSCC). In order for Cypress Semiconductor Corporation to pay dividends, they need to have healthy cash flow, which now sits at 102.88. Gwm Advisors LLC controls 75,309 shares worth $1,032,486,000. Parametric reported 118,311 shares. Ameriprise owns 18.96 million shares.

04/10/2017 - Cypress Semiconductor Corporation was upgraded to "buy" by analysts at SunTrust. 4,940 were reported by Envestnet Asset Mgmt Inc. Boston Ptnrs holds 0.5% or 6.72M shares in its portfolio. Nomura Incorporated accumulated 0.01% or 231,274 shares. California State Teachers Retirement Sys stated it has 0.02% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY). The consensus recommendation for stock is 2.30. Therefore 19% are positive. The correct version of this report can be accessed at https://stocknewstimes.com/2017/10/09/cypress-semiconductor-co-cy-stock-rating-reaffirmed-by-needham-company-llc.html. Barclays Capital downgraded it to "Equal Weight" rating and $11 target in Tuesday, October 18 report. The stock of Plug Power Inc (NASDAQ:PLUG) has "Buy" rating given on Monday, July 24 by Craig Hallum. The stock was sold at an average price of $16.31, for a total transaction of $40,611.90. 311.68 million shares or 3.13% more from 302.23 million shares in 2017Q1 were reported.

By taking a look at the stock's current statistics it can gauged that the stock candle is BEARISH with MEDIUM volatility.

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