TheStreet Ratings Top 10 Rating Changes
NEW YORK (TheStreet Ratings) -- Every trading day TheStreet Ratings' stock model reviews the investment ratings on around 4,700 U.S. traded stocks for potential upgrades or downgrades based on the latest available financial results and trading activity.
TheStreet Ratings released rating changes on 80 U.S. common stocks for week ending April 20, 2012. 48 stocks were upgraded and 32 stocks were downgraded by our stock model.
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Rating Change #10
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Cypress Semiconductor Corporation (CY) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.