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Fly News Breaks for October 31, 2019
Oct 31, 2019 | 07:41 EDT
Canaccord analyst Jed Dorsheimer lowered his price target on Cree to $57 from $64 following Q4 results. The analyst said ti was another disappointing report but he believes estimates will now be reset, setting up a trade or entry point in the company's Analyst Day on November 20. Dorsheimer maintained his Buy rating on Cree shares.
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