Cray (CRAY) Tops Q1 EPS by 11c

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Stifel Has Confidence in Cray (CRAY) After Q1

May 6, 2015 11:18 AM EDT

Stifel reiterates their Buy rating on Cray Inc. (NASDAQ: CRAY) with a price target set at $40. Cray 1Q15 results were in line with estimates. Cray showed $79.6M in revenue vs. the estimate of $79.8M, and a non-GAAP loss of $0.28 vs Stifel's $0.27 estimate. Cray... More