Cree, Inc. (CREE) Tops Q1 EPS by 1c
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Cree (CREE) Price Target Moves Higher as Margin Expansion Allays Commoditization Fears
October 17, 2012 10:27 AM EDTYesterday Cree (NASDAQ: CREE) reported earnings and revenue that were nearly in line with the street. Cree stock responded by opening higher by over 10 percent on Wednesday.
Analysts at Canaccord Genuity said a few highlight from the report that stood out were... More
Needham & Company Bumps Price Target on Cree (CREE) Following "Clean" Q1
October 17, 2012 8:15 AM EDTNeedham & Company raised its price target on Buy-rated Cree (NASDAQ: CREE) from $30 to $32 following "relatively clean" Q1 results.
The firm comments, "CREE reported a relatively clean F1Q13 (Sep) with a higher EPS and sequentially higher guidance. We believe expectations were relatively... More
