Cree (CREE) puts more active than calls into Q1 EPS call

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Go back to Cree (CREE) puts more active than calls into Q1 EPS call

Cree (CREE) PT Raised to $32 at BofA/Merrill Lynch; Remains Sidelined

October 18, 2017 9:50 AM EDT

BofA/Merrill Lynch raised its price target on Cree (NASDAQ: CREE) to $32.00 (from $31.00) while maintaining a Neutral rating following the company's 1Q earnings report. Cree reported Sept quarter (F1Q18) revenue/Non-GAAP EPS of $360M/$0.04, in-line with consensus. Dec Q (F2Q18)... More