Cree (CREE) Tops Q2 EPS by 6c; Guides

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Go back to Cree (CREE) Tops Q2 EPS by 6c; Guides

Piper Jaffray Raised Price Target Following Cree's (CREE) In-Line 2Q

January 20, 2016 7:50 AM EST

Piper Jaffray reiterated a Neutral rating on Cree (NASDAQ: CREE), and raised the price target to $27.00 (from $26.00), following the company's 2Q earnings report and outlook. The most substantial departure from modeled estimates for F2Q fell on the tax line, where the R&D tax... More