Cree (CREE) PT Lowered to $24 at Deutsche Bank
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JPMorgan Downgrades Cree (CREE) to Neutral Citing Slow Pace Of Recovery
April 26, 2017 7:22 AM EDTJPMorgan downgraded Cree (NASDAQ: CREE) from Overweight to Neutral with a price target of $25.00 (from $30.00).
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 $24.82 yesterday.
... MoreCree (CREE): Staying Cautious - Cowen
April 26, 2017 7:12 AM EDTCowen analyst, Jeffrey Osborne, reiterated his Market Perform rating on shares of Cree (NASDAQ: CREE) and is remaining cautious despite liking the JV strategic positioning (opex/capex-lite)
into Mid-Power packaged LED components and the increased focus on IoT markets with its SmartCast... More
Cree (CREE) Misses Q3 EPS by 3c
April 25, 2017 4:03 PM EDTCree (NASDAQ: CREE) reported Q3 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $341.51 million versus the consensus estimate of $356.14 million.
GUIDANCE:
Cree sees Q4 2017 EPS of $0.16-$0.23 versus consensus of $0.13. Cree sees Q4 2017... More
