Piper Jaffray Assumes Cree (CREE) at Overweight
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Canaccord Genuity Boosts Cree (CREE) PT to $37
January 23, 2013 8:47 AM ESTCanaccord Genuity raised its price target on Cree (NASDAQ: CREE) from $32 to $37 but kept a Hold rating following Q2 results.
The firm comments, "We maintain our HOLD rating on CREE shares as we see improvement in the LED macro and multiple expansion in... More
Needham & Company Lifts PT on Cree (CREE) on 'Strong' Q2
January 23, 2013 7:43 AM ESTNeedham & Company raised its price target on Buy-rated Cree (NASDAQ: CREE) from $36 to $42 post Q2.
The firm comments, "CREE reported a strong F2Q13 (Dec) and provided guidance above the Streets estimates. The top-line growth and continued margin expansion in both the LED... More
Cree, Inc. (CREE) Tops Q2 EPS by 2c; Guides Q3 EPS, Revs Above
January 22, 2013 4:01 PM ESTCree, Inc. (NASDAQ: CREE) reported Q2 EPS of $0.32, $0.02 better than the analyst estimate of $0.30. Revenue for the quarter came in at $346.3 million versus the consensus estimate of $331.2 million.
Cree, Inc. sees Q3 2013 EPS of $0.30-0.35, versus the consensus of $0.28. Cree, Inc. sees Q3 2013... More
