Cree (CREE) Up as LED Segment Sentiment Turns Positive (RVLT)

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Go back to Cree (CREE) Up as LED Segment Sentiment Turns Positive (RVLT)

Goldman Sachs Reiterates Buy on Cree (CREE)

October 1, 2013 11:14 AM UTC

Goldman Sachs reiterated a Buy rating on Cree (NASDAQ: CREE) with a price target of $72.00. Analyst Brian Lee thinks the recent pullback creates an attractive entry point.

"We believe the pullback in CREE shares provides a compelling entry point in the most... More

Revolution Lighting Tech (RVLT) Issues Update; Sees Pro Forma FY13 Revs of $35M

October 1, 2013 8:43 AM UTC

Revolution Lighting Technologies, Inc. (Nasdaq: RVLT) provided a business update following President and Chief Financial Officer Charlie Schafers presentation at Craig-Hallums 4th Annual Alpha Select Conference on September 26, 2013 in New York City.

Key highlights of Schafers presentation and Revolution Lightings financial performance included:

* A robust pipeline of $150M in actionable opportunities over the next... More

UPDATE: Canaccord Genuity Upgrades Cree (CREE) to Buy

October 1, 2013 6:47 AM UTC

(Updated - October 1, 2013 10:13 AM EDT)

Canaccord Genuity upgraded Cree (NASDAQ: CREE) from Hold to Buy with a price target of $80 (from $65).

Analyst Jonathan Dorsheimer said, "Despite the existence of multiple tier-1 LED manufacturers and scores of lower-tier suppliers, most... More