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Is Cypress Semiconductor a takeover target?

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Is Cypress Semiconductor a takeover target?

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Cypress Semiconductor Corp. (NASDAQ: CY) shares hit a multiyear high on Monday after the firm announced that Infineon would acquire it. ... Shares of Cypress Semiconductor traded up about 25% to $22.27 on Monday, in a 52-week range of $11.75 to $22.43. The consensus price target is $18.15.Jun 3, 2019

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