Cree (CREE) Up as LED Segment Sentiment Turns Positive (RVLT)
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Goldman Sachs Reiterates Buy on Cree (CREE)
October 1, 2013 11:14 AM EDTGoldman 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 EDTRevolution 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 EDT(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
