Cree, Inc. (CREE) Tops Q4 EPS by 1c, Q1 Guidance Misses

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. AMGN
3. BKNG
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

Go back to Cree, Inc. (CREE) Tops Q4 EPS by 1c, Q1 Guidance Misses

Buy Cree (CREE) Weakness, Says Goldman Sachs

August 13, 2014 9:27 AM EDT

Goldman Sachs maintained a Buy rating on Cree (NASDAQ: CREE) and reduced its price target to $60.00 (from $66.00). FY 15/16 EPS was lowered 10%/15% to $2.03/ $2.70. The change follows Q2 results. Analyst Brian Lee recommended buying weakness.

"We reiterate Buy on Cree. While shares were... More

Summit Research Downgrades Cree (CREE) to Hold

August 13, 2014 8:11 AM EDT

Summit Research downgraded Cree (NASDAQ: CREE) from Buy to Hold with a price target of $40.00.

Analyst Srini Sundararajan comments, "We had upgraded CREE to BUY after the prior quarter, however, we sheepishly have to downgrade it to HOLD. Why? Simply... More