Cray (CRAY) Tops Q2 EPS by 45c; Guides FY Revs In-Line

Go back to Cray (CRAY) Tops Q2 EPS by 45c; Guides FY Revs In-Line

Cray (CRAY) PT, Estimates Cut at Needham & Company Post Q2; 'Buy' Maintained

July 31, 2015 7:21 AM EDT

Needham & Company analyst Richard Kugele lowered his price target on Cray (NASDAQ: CRAY) to $31.00 (from $37.00) following Q2 results but maintained a Buy rating.

Kugele commented, "Cray continues to gain share and prominence in the HPC world, with key wins (double and triple digit... More