Needham & Company Bumps PT/Est on Cree (CREE) on 'Solid' Q3
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Profit Taking Sinks Cree (CREE); Time to Buy or Steer Clear?
April 24, 2013 9:49 AM EDTYesterday Cree (NASDAQ: CREE) reported Q3 results that were viewed by many as "solid", with in-line EPS and decent outlook. Despite this, shares declined. In the view of analyst Brian Lee of Goldman Sachs, the decline relates to a "high bar" heading into the print. With this in mind, he is... More
Gabelli Downgrades Cree (CREE) to Hold
April 24, 2013 8:25 AM EDTGabelli downgraded Cree (NASDAQ: CREE) from Buy to Hold.
For an analyst ratings summary and ratings history on Cree click here. For more ratings news on Cree click here.
Shares of Cree closed at $57.69 yesterday, with a 52 week range of $22.25-$58.00.... More
Cree, Inc. (CREE) Reports In-Line Q3 EPS, Offers Q4 Guidance
April 23, 2013 4:25 PM EDTCree, Inc. (NASDAQ: CREE) reported Q3 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $348.9 million versus the consensus estimate of $341.96 million.
Cree, Inc. sees Q4 2013 EPS of $0.34-0.40, versus the consensus of $0.37. Cree, Inc. sees Q4 2013... More
