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CREE

Cree

$50.14

-0.14 (-0.28%)

16:07
08/14/18
08/14
16:07
08/14/18
16:07

Cree sees Q1 EPS 10c-14c, consensus 12c

Sees Q1 revenue $395M-$415M, consensus $414.62M.

  • 14

    Aug

CREE Cree
$50.14

-0.14 (-0.28%)

07/18/18
NOMU
07/18/18
INITIATION
Target $44
NOMU
Neutral
Cree initiated with a Neutral at Nomura Instinet
Nomura initiated Cree with a Neutral and $44 price target.
07/19/18
07/19/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Clorox (CLX) initiated with a Sell at UBS. 2. Cree (CREE) initiated with a Neutral at Nomura Instinet. 3. Paycom (PAYC) initiated with a Buy at Needham. 4. Lonestar Resources (LONE) initiated with a Buy at SunTrust. 5. ON Semiconductor (ON) initiated with a Buy at Nomura Instinet. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/19/18
NOMU
07/19/18
INITIATION
NOMU
Nomura rolls out Analog Semi coverage, names ON top pick
Nomura Instinet analyst Krysten Sciacca last night rolled out coverage on Analog Semiconductors. The analyst expects the group to outperform throughout the remainder of 2018 given its "steadier business models" versus other semi sectors, "strong" free cash flow generation and the "strong" demand coming from the auto and industrial applications. Her top pick is ON Semiconductor (ON), which the analyst initiated with a Buy rating and $30 price target. ON currently trades at a 35% discount to the Analog group, but its multiple should expand as investors come to better appreciate the company's exposure to industrial and auto, Sciacca told investors in a research note. She believes the company's 2020 target model will likely prove conservative. Sciacca also initiated coverage of Microchip (MCHP) with a Buy rating and $110 price target. The stock currently trades at a 22% discount to the comp group, but its "aggressive" de-leveraging, market share gains, and "strong" executional track record warrant the stock returning to its historical five-year average premium of 2%, the analyst contends. She initiated Cree (CREE) with a Hold rating and $44 price target saying the stock is already pricing in tailwinds and assumed coverage of Analog Devices (ADI) with a Neutral rating and $100 price target.
08/03/18
ADAM
08/03/18
INITIATION
Target $61
ADAM
Buy
Cree initiated with a Buy at Canaccord
Canaccord analyst Jed Dorsheimer initiated Cree with a Buy rating citing the management team's focus on the high power, high value silicon carbide and gallium nitride components and LED components. He believes the company is well positioned in the various secular themes of electrification in the transportation markets as well as high voltage applications in industrial automation. Dorsheimer has a $61 price target on Cree shares.

TODAY'S FREE FLY STORIES

O

Realty Income

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0.58 (0.88%)

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FRT

Federal Realty

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0.43 (0.32%)

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MAR

Marriott

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HTHIY

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, ABB

ABB

$18.87

-0.08 (-0.42%)

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ABB

ABB

$18.87

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  • 23

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H

Hyatt

$67.43

-1.41 (-2.05%)

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HST

Host Hotels

$17.97

-0.13 (-0.72%)

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USDP

USD Partners

$10.27

-0.23 (-2.19%)

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USD Partners enters into new Casper Terminal pipeline construction contract »

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NDLS

Noodles & Company

$7.31

-0.12 (-1.62%)

06:38
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Conference/Events
Noodles & Company management to meet with Piper Jaffray »

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  • 12

    Dec

RNSDF

Renault

$0.00

(0.00%)

, NSANY

Nissan

$0.00

(0.00%)

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$0.00

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  • 07

    Jan

UIS

Unisys

$12.72

-0.32 (-2.45%)

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ACIU

AC Immune

$11.58

0.63 (5.75%)

, LLY

Eli Lilly

$114.49

0.38 (0.33%)

06:32
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AC Immune, Eli Lilly announce license and collaboration agreement »

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ACIU

AC Immune

$11.58

0.63 (5.75%)

LLY

Eli Lilly

$114.49

0.38 (0.33%)

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  • 19

    Dec

OMI

Owens & Minor

$7.11

-0.19 (-2.60%)

06:32
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BKH

Black Hills

$67.28

0.06 (0.09%)

06:31
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EMR

Emerson

$62.30

-0.28 (-0.45%)

06:30
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Emerson rating change  »

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ES

Eversource

$70.18

0.53 (0.76%)

06:30
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  • 13

    Dec

GOOG

Alphabet

$1,051.82

11.8 (1.13%)

, GOOGL

Alphabet Class A

$1,061.32

8.52 (0.81%)

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  • 03

    Mar

CS

Credit Suisse

$10.92

-0.09 (-0.82%)

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CS

Credit Suisse

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MAR

Marriott

$110.04

-0.78 (-0.70%)

06:22
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SIX

Six Flags

$58.40

-1.46 (-2.44%)

06:20
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Initiation
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GOOG

Alphabet

$1,051.82

11.8 (1.13%)

, GOOGL

Alphabet Class A

$1,061.32

8.52 (0.81%)

06:20
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Alphabet

$1,051.82

11.8 (1.13%)

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$1,061.32

8.52 (0.81%)

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  • 03

    Mar

BY

Byline Bancorp

$18.91

-0.32 (-1.66%)

06:18
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Conference/Events
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  • 12

    Dec

RY

Royal Bank of Canada

$69.76

-0.44 (-0.63%)

06:17
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  • 08

    Jan

CORT

Corcept Therapeutics

$17.16

4.18 (32.20%)

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LULU

Lululemon

$116.67

1.66 (1.44%)

06:17
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  • 14

    Dec

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