Needham & Company Lifts PT on Cray (CRAY) to $19 after Update

January 7, 2013 8:53 AM EST Send to a Friend
Get Alerts CRAY Hot Sheet
Price: $28.46 -1.35%

Rating Summary:
    5 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 29 | Down: 28 | New: 24
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Needham & Company raised its price target on Buy-rated Cray (NASDAQ: CRAY) from $17 to $19 saying business remains on track after the company anounced preliminary 2012 results and provided a slight uptick to its 2013 revenue guidance.

For an analyst ratings summary and ratings history on Cray click here. For more ratings news on Cray click here.

Shares of Cray closed at $16.48 yesterday.


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