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Needham & Company Lifts PT on Cree (CREE) on 'Strong' Q2

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Canaccord Genuity Boosts Cree (CREE) PT to $37

January 23, 2013 8:47 AM EST

Canaccord Genuity raised its price target on Cree (NASDAQ: CREE) from $32 to $37 but kept a Hold rating following Q2 results.

The firm comments, "We maintain our HOLD rating on CREE shares as we see improvement in the LED macro and multiple expansion in... More

Piper Jaffray Assumes Cree (CREE) at Overweight

January 23, 2013 7:56 AM EST

Piper Jaffray assumes coverage on Cree (NASDAQ: CREE) with a Overweight. PT $43.00.

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 $33.47 yesterday, with a 52 week range of $22.25-$35.09.... More

Cree, Inc. (CREE) Tops Q2 EPS by 2c; Guides Q3 EPS, Revs Above

January 22, 2013 4:01 PM EST

Cree, Inc. (NASDAQ: CREE) reported Q2 EPS of $0.32, $0.02 better than the analyst estimate of $0.30. Revenue for the quarter came in at $346.3 million versus the consensus estimate of $331.2 million.

Cree, Inc. sees Q3 2013 EPS of $0.30-0.35, versus the consensus of $0.28. Cree, Inc. sees Q3 2013... More