Form 8-K CREE INC For: Aug 16

Go back to Form 8-K CREE INC For: Aug 16

Needham & Company Remains Neutral on Cree (CREE) Following Q2 Results; Sees 2017 as 'Transitional' Year

August 17, 2016 6:36 AM EDT

Needham & Company affirms Cree (Nasdaq: CREE) with a Hold rating following FQ416 results issued Tuesday night.

The firm commented, CREE's F4Q16 (Jun) earnings slightly missed Street estimates. While the Street's model is a mixed bag of projections with and without the... More