Information Provided By: 
Fly News Breaks for August 15, 2018
ZTCOY, CREE
Aug 15, 2018 | 08:46 EDT
Needham analyst Y. Edwin Mok kept his Hold rating on Cree (CREE) after its Q4 results, saying that while the company beat on earnings, its mixed Q1 outlook was attributed to sequentially lower LED and Lighting segment sales. The analyst expects LED business to continue declining due to the impact of U.S. tariff and capacity shifts at Wolfspeed, even though the company's organic growth is tracking ahead of expectations with additional tailwinds coming from the ZTE (ZTCOY) supply resolution.
News For CREE;ZTCOY From the Last 2 Days
There are no results for your query CREE;ZTCOY
