Profit Taking Sinks Cree (CREE); Time to Buy or Steer Clear?

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Gabelli Downgrades Cree (CREE) to Hold

April 24, 2013 8:25 AM EDT

Gabelli 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

Needham & Company Bumps PT/Est on Cree (CREE) on 'Solid' Q3

April 24, 2013 7:56 AM EDT

Needham & Company raised estimates and its price target on Cree (NASDAQ: CREE) from $60 to $63 following "solid" Q3 results and higher revenue guidance. The firm's Buy rating was maintained.

"We believe this report confirmed that Cree's strengthened position in LED lighting will enable... More

Cree, Inc. (CREE) Reports In-Line Q3 EPS, Offers Q4 Guidance

April 23, 2013 4:25 PM EDT

Cree, 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

Cree, Inc. (CREE) Reports In-Line Q3 EPS; Guides In-Line

April 23, 2013 4:23 PM EDT

Cree, 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 $349 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