Cree

Jefferies is out with its report today on Cree (NASDAQ: CREE), initiating CREE at Buy. In a note to clients, Jefferies writes, "Cree Inc. is the leading vertically integrated LED lighting company with the highest efficiency technology, superior brand recognition, and a strong IP portfolio. Although...

Jefferies & Company has initiated coverage on Cree, Inc. (NASDAQ: CREE) with a Buy rating and $67 price target.

JP Morgan has published a research report on Cree, Inc. (NASDAQ: CREE) after the company reported a disappointing quarter that JP Morgan believes will make investors wary of the return to growth and demand. In the report, JP Morgan writes "Cree reported C4Q10 rev/PF EPS of $257mn/$0.46 vs. our ests...

Sterne Agee has published a research report on Cree, Inc. (NASDAQ: CREE) after the company reported revenues below consensus for its December quarter. In the report, Sterne Agee writes "Cree reported December quarter revenue of $257 million below consensus of $276 million as a result of weaker than...

Morgan Keegan has published a research report on Cree, Inc. (NASDAQ: CREE) after the company reported disappointing guidance in its most recent quarterly earnings. In the report, Morgan Keegan writes "We believe that Cree has won the majority of design wins for China street lighting applications...

Morgan Keegan has published a research report on Cree, Inc. (NASDAQ: CREE) after the company reported disappointing guidance in its most recent quarterly earnings. In the report, Morgan Keegan writes "We believe that Cree has won the majority of design wins for China street lighting applications...

Morgan Keegan has lowered the price target on Cree, Inc. (NASDAQ: CREE) from $75 to $68 and maintains its Outperform rating.

As it begins to review alternative energy companies, Wunderlich Securities said that believes the industry continues to have complex issues from an accounting perspective. “This report focuses on Cree, Inc. (NASDAQ: CREE), which we believe has above-average quality of earnings from an accounting...

Wunderlich Securities has published an AM call summary on three sectors: Diversified Industrials, Energy, and New Energy Economy, for which it reports: Diversified Industrials: Republic Services, Inc., (NYSE: RSG) has its Buy rating and $37 price target reiterated, with 2Q results better than...

Cree, Inc. (NASDAQ: CREE) reported a solid 4Q, but chip demand has slowed down from LED panel-makers which cut into the upside estimates and caused 1Q11 revenue guidance to miss expectations, according to Oppenheimer. Oppenheimer reported that F4Q10 revenue of $265M (+13% q/q, +78% y/y) was in line...