Needham & Company Lifts PT on Cree (CREE) on 'Strong' Q2
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- AMC Entertainment (AMC) Enters $250M ATM Agreement
Canaccord Genuity Boosts Cree (CREE) PT to $37
January 23, 2013 8:47 AM ESTCanaccord 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 ESTPiper 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 ESTCree, 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