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Fly News Breaks for February 27, 2020
CREE
Feb 27, 2020 | 08:17 EDT
Morgan Stanley analyst Craig Hettenbach initiated coverage of Cree with an Overweight rating and $62 price target. Cree is "a key enabler" for the inflection coming in electric vehicles given its leadership in Silicon Carbide, or SiC, Hettenbach tells investors.
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