Cree fundamentals remain intact, says Canaccord Canaccord said its latest checks throughout Asia indicate fundamentals remain intact and yielded no surprises. The firm maintains its Buy rating but is not opposed to locking in some profits given recent strength. Shares are Buy rated with a $38 price target.
News For CREE From The Last 14 Days
Check below for free stories on CREE the last two weeks.
Cree April weekly volatility elevated at 100 into Q1 and outlook Cree April weekly call option implied volatility is at 100, June is at 48, September at 43; compared to its 26-week average of 42 according to Track Data, suggesting larger near term price movement into the expected release of Q1 results on April 24.