Needham & Company Bumps PT/Est on Cree (CREE) on 'Solid' Q3
- Wall St lackluster ahead of Easter break, eyes sharp Q1 gains
- Home Depot agrees to buy SRS Distribution, sees TAM expanding to $1 trillion
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Stocks head into quarter-end on the up; yen on intervention watch
- Dollar gains on euro with Fed's Waller hawkish on rates
- 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
- Timken (TKR) Appoints Tarak Mehta as New CEO
Profit Taking Sinks Cree (CREE); Time to Buy or Steer Clear?
April 24, 2013 9:49 AM EDTYesterday Cree (NASDAQ: CREE) reported Q3 results that were viewed by many as "solid", with in-line EPS and decent outlook. Despite this, shares declined. In the view of analyst Brian Lee of Goldman Sachs, the decline relates to a "high bar" heading into the print. With this in mind, he is... More
Gabelli Downgrades Cree (CREE) to Hold
April 24, 2013 8:25 AM EDTGabelli downgraded Cree (NASDAQ: CREE) from Buy to Hold.
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 $57.69 yesterday, with a 52 week range of $22.25-$58.00.... More
Cree, Inc. (CREE) Reports In-Line Q3 EPS, Offers Q4 Guidance
April 23, 2013 4:25 PM EDTCree, Inc. (NASDAQ: CREE) reported Q3 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $348.9 million versus the consensus estimate of $341.96 million.
Cree, Inc. sees Q4 2013 EPS of $0.34-0.40, versus the consensus of $0.37. Cree, Inc. sees Q4 2013... More