B. Riley Starts LED Stocks: CREE, VECO, AIXG at Buy, RBCN at Neutral

March 23, 2012 9:09 AM EDT
Get Alerts CREE Hot Sheet
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
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A B. Riley analyst started coverage on a number of stocks in the LED sector Friday morning:
  • Cree (Nasdaq: CREE) with a Buy rating and $39 price target
  • Veeco Instruments (Nasdaq: VECO) with a Buy rating and $42 price target
  • Aixtron (Nasdaq: AIXG) with a Buy rating
  • Rubicon (Nasdaq: RBCN) with a Neutral rating and a $11.50 price target
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