Roth Capital Would be Buyers of Cree (CREE) on Turnaround; Affirms at 'Buy'
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
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Stephens Downgrades Cree (CREE) to Equal Weight
October 19, 2016 8:21 AM EDTStephens downgraded Cree (NASDAQ: CREE) from Overweight to Equal Weight.
For an analyst ratings summary and ratings history on Cree click here. For more ratings news on Cree click here.
Shares of Cree closed at $25.20 yesterday.
... MoreCree (CREE): Still On The Injured Roster - Needham
October 19, 2016 7:16 AM EDTNeedham & Company analyst, Edwin Mok, reiterated his Hold rating on shares of Cree (NASDAQ: CREE), after the company reported slightly better-than-expected F1Q17 (Sep) results but provided disappointing guidance with no growth at the midpoint. The weak results highlighted the ongoing challenges in rebuilding... More
Option volume flows
October 19, 2016 5:13 AM EDTOptions expected to have increasing volume: CREE ANF INTC ADTN HPE
Options with increasing call volume on October 18; TACO HPT AAP AVP FGP ITB EXPR
Options with increasing put volume on October 18; BANC WUBA AAP FOLD TUP DPZ
... MoreCree (CREE) Misses Q1 EPS by 2c
October 18, 2016 4:02 PM EDTCree (NASDAQ: CREE) reported Q1 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $321.3 million versus the consensus estimate of $322.77 million.
GUIDANCE:
Cree sees Q2 2017 EPS of $0.13-$0.19, versus the consensus of $0.15. Cree sees Q2... More