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Fly News Breaks for February 21, 2017
CREE
Feb 21, 2017 | 05:59 EDT
JPMorgan analyst Paul Coster upgraded Cree to Overweight with a $30 price target following a period of restriction. The analyst views the shares as "somewhat undervalued" and believes the add-back of Wolfspeed to revenue and earnings could be a catalyst for the stock.
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