UPDATE: Cree (CREE) Reports In-Line Q1 EPS

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Go back to UPDATE: Cree (CREE) Reports In-Line Q1 EPS

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

PacWest Bancorp (PACW) PT Lowered to $54 at Piper Jaffray; Reiterates Overweight

October 18, 2017 8:11 AM EDT

Piper Jaffray lowered its price target on PacWest Bancorp (NASDAQ: PACW) to $54.00 (from $57.00) while maintaining a Overweight rating. Analyst Brett D. Rabatin trimmed FY17/18/19 estimates to $2.97/$3.25/$3.50 from $2.99/$3.37/$3.67. Lower NIM has again resulted in a more conservative forward estimate.

With... More