Morgan Stanley Names Cree (CREE) 'Short Research Tactical Idea'; Lamar (LAMR) a 'Long Research Tactical Idea'
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Price: $79.12 --0%
Rating Summary:
9 Buy, 22 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
9 Buy, 22 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Shares of Cree (Nasdaq: CREE) are higher in pre-market trade despite being named to Morgan Stanley's "Short Research Tactical Idea" list.
The stock last traded at $43.26.
The firm believes Cree could offer gross margin guidance below the 40% level following the Q3 earnings report and points out that each 100 basis point change in gross margin equals a 5 percent impact on EPS.
Morgan Stanley named Lamar Advertising (Nasdaq: LAMR) a "Long Research Tactical Idea" Wednesday morning.
The stock last traded at $43.26.
The firm believes Cree could offer gross margin guidance below the 40% level following the Q3 earnings report and points out that each 100 basis point change in gross margin equals a 5 percent impact on EPS.
Morgan Stanley named Lamar Advertising (Nasdaq: LAMR) a "Long Research Tactical Idea" Wednesday morning.
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