Cree, Inc. (CREE) Tops Q2 EPS by 11c, Q3 EPS Guidance Tops Views at Mid-Point
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Cree (CREE) Margin Trajectory Remains Uncertain for LED Chips, Cowen Says; PT Cut to $27.50
January 21, 2015 9:13 AM ESTCowen analyst Jeffrey Osborne lowered his price target on Cree (NASDAQ: CREE) to $27.50 (from $32.00) following results saying a tax benefit lead to upside and the margin trajectory remains uncertain for LED chips. The firm maintained a Market Perform rating.
Osbone commented, "Cree... More
Stephens Upgrades Cree (CREE) to Overweight
January 21, 2015 8:33 AM ESTStephens upgraded Cree (NASDAQ: CREE) from Equal Weight to Overweight with a price target of $42.00.
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 $32.34 yesterday.
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