Cree (CREE) weekly IV elevated into quarter results and outlook

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Roth Capital Upgrades Cree (CREE) to Buy

January 28, 2021 8:50 AM EST

Roth Capital analyst Craig Irwin upgraded Cree (NASDAQ: CREE) from Neutral to Buy with a price target of $150.00 (from $105.00).

The analyst comments "Upgrading Cree to Buy reflecting the consequence of mgmt's decision to start up Mohawk Valley using 8" wafers. This implies Cree's 2022 silicon... More