Information Provided By: 
Fly News Breaks for October 17, 2018
CREE
Oct 17, 2018 | 09:14 EDT
JMP Securities analyst Joseph Osha said he finds it interesting that Cree's better gross margin outcome was driven by margins in the LED and lighting equipment businesses, both of which exceeded his expectations. CEO Gregg Lowe's focus on tightening operational controls at Cree appears to be delivering results, said Osha, who keep an Outperform rating on the shares but lowered his price target to $46 from $50 on higher operating expenses.
News For CREE From the Last 2 Days
There are no results for your query CREE
