Cray (CRAY) Tops Q4 EPS by 10c

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Go back to Cray (CRAY) Tops Q4 EPS by 10c

Needham & Company Raised Price Target on Cray (CRAY) Following Strong 4Q Results

February 12, 2016 8:30 AM EST

Needham & Company reiterated a Buy rating on Cray (NASDAQ: CRAY), and raised the price target to $42.00 (from $35.00), following the company's 4Q earnings report. Cray reported 4Q results last night of $268M in revenue, and non-GAAP EPS of $0.79, vs. consensus for $263.5M and $0.69. 1Q... More