Cree Reports Financial Results for the Fourth Quarter and Fiscal Year 2016
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Oppenheimer Reiterates Perform on Cree (CREE) Following 4Q Report
August 17, 2016 11:03 AM EDTOppenheimer reiterated a Perform rating on Cree (NASDAQ: CREE) following the company's 4Q earnings report. CREE reported Non-GAAP EPS of $0.19 on revenue of $388M vs. Street estimates of $0.20 and $386M. CREE is currently working towards the Wolfspeed sale and is expected to net ~$585M in... More
UBS Downgrades Cree (CREE) to Sell
August 17, 2016 6:20 AM EDTUBS downgraded Cree (NASDAQ: CREE) from Neutral to Sell with a price target of $21.00 (from $24.50).
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 $27.48 yesterday.
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