Cree named a top Clean Tech pick for 2013 at Wedbush Wedbush named Cree a top Clean Tech pick for 2013 and raised its price target to $45 from $36 following positive checks regarding lighting fixture volumes and SC3 product adoption.
News For CREE From The Last 14 Days
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Navigant: High-bay lighting market shifting to LEDs, DigiTimes reports Navigant says LED luminaries and lamps for high-bay lighting applications is expected to reach $7B in annual revenues by 2021 from $2.6B in 2014, reports DigiTimes. Navigant says that falling prices and rising efficacy of LEDs will create a tipping point for the large-scale adoption of LEDs in this segment. Reference Link