Information Provided By:
Fly News Breaks for July 13, 2015
CREE
Jul 13, 2015 | 06:29 EDT
JPMorgan lowered its price target for Cree to $30 saying it believes weak industry-wide pricing could persist through Q3. The firm reduced its margin estimates for Cree's LED products segment but keeps an Overweight rating on the name. JPMorgan thinks shares can "appreciate modestly" from current levels.
News For CREE From the Last 2 Days
There are no results for your query CREE
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.