Home › Analyst Highlights Three Main Factors For Cree's Q3 Guidance Cut; Stock Falls ~20%
 

Keywords :   


Analyst Highlights Three Main Factors For Cree's Q3 Guidance Cut; Stock Falls ~20%

2016-04-06 17:14:55| Semiconductors - Topix.net

Cree, Inc. pre-announced its F3Q results, with the revenue and EPS below the guidance, driven by lower lighting product revenues. Summit Research's Srini Sundararajan maintains a Hold rating on the company, while lowering the price target from $30 to $25.

Tags: main stock cut factors

Category:Electronics and Electrical

Latest from this category

All news
»
02.06Eastern North Pacific Tropical Weather Outlook
02.06Atlantic Tropical Weather Outlook
01.06Mining for Pearlizing Agent 
01.06The Power of Zinc Pyrithione
01.06Downward pH Drift
01.06Adding Fragrances to Hot Pours
01.06The Perils of Progress in the Search for New UV Filters
01.06This Interview Formality Jumpstarts Or Kills Your Chances Altogether
More »