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Fly News Breaks for April 25, 2018
Apr 25, 2018 | 07:52 EDT
As previously reported, Oppenheimer analyst Colin Rusch upgraded Cree to Outperform from Perform, with a $53 price target on the stock, as he believes the company is in the early stages of a large growth opportunity with critically defensible IP for SiC in power management applications for renewables and EV's as well as GaN for 5G infrastructure buildout.
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