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CRAY

Cray

$18.30

0.85 (4.87%)

05:56
06/19/17
06/19
05:56
06/19/17
05:56

Cray awarded $18M supercomputer contract from New Zealand NIWA

Cray announced the company has been awarded a contract with the National Institute of Water and Atmospheric Research, or NIWA, valued at more than $18M to provide NIWA and its partner, the New Zealand eScience Infrastructure, or NeSI, with three Cray supercomputers - two Cray XC50 supercomputers and a Cray CS400 cluster supercomputer. The new Cray systems will be used for climate research, numerical weather prediction, data analytics, and general scientific research in a range of fields including computational chemistry, engineering, and biomedicine. The systems will be located at a NIWA facility in Wellington and at the University of Auckland.

CRAY Cray
$18.30

0.85 (4.87%)

11/08/16
NEED
11/08/16
UPGRADE
NEED
Buy
Cray upgraded to Buy from Hold at Needham
01/03/17
NEED
01/03/17
NO CHANGE
Target $25
NEED
Buy
Cray named top pick for 2017 at Needham
Needham analyst Richard Kugele says his top pick for the year is Cray, saying he is optimistic that in 2017 Cray can recover from one of his worst performing names in 2016 to potentially his best. The analyst expects upside to be driven by collective impact of all factors finally being fully quantified, and opportunity for upside to the "no growth" current expectation for 2017 if oil prices rebound, government spending and visibility improves, or if the technical challenges around KNL and Pascal integrations lift. He reiterates a Buy rating and $25 price target on the shares.
01/06/17
CHLM
01/06/17
NO CHANGE
CHLM
Craig-Hallum sees risk to CRAY Q4 estimates
Craig-Hallum said it sees risk to CRAY Q4 estimates and says the order environment remains challenging for FY17.
01/10/17
NEED
01/10/17
NO CHANGE
Target $25
NEED
Buy
Needham would be a buyer of Cray on any weakness
Needham analyst Richard Kugele says Cray's in-line preannouncement removes the uncertainty that has continued to loom over the company's Q4 results. While Cray believes 2017 will be another trying year, the analyst believes the removal of 2017 growth proactively protects the downside case while potentially offering upside if the economy, government spending, or the oil sector helps drive better results. Kugele would be a buyer on any weakness related to this in-line preannouncement. He reiterates a Buy rating and $25 price target on the shares.

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GPC

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FTK

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TXMD

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LLL

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APRI

Apricus Biosciences

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CDXS

Codexis

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AGRO

Adecogro

$10.05

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