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Fly News Breaks for January 24, 2018
CREE
Jan 24, 2018 | 06:46 EDT
Deutsche Bank analyst Vishal Shah says Cree's Q2 earnings call had an overall positive tone, despite some internal lighting related setbacks. The analyst remains bullish on the Wolfspeed and high-power auto LED opportunities and sees "significant "upside to current Street estimates. He reiterates a Buy rating on Cree with a $45 price target.
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