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Stock Market & Financial Investment News

News Breaks
January 7, 2013
06:13 EDTCREECree downgraded to Hold from Buy at Canaccord
Canaccord downgraded Cree based on expectations for slowing gross margin expansion and an increased lighting systems-centric business model, which is not factored in to consensus expectations. Price target lowered to $32 from $38.
News For CREE From The Last 14 Days
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February 25, 2015
06:01 EDTCREEGlobal LED lighting demand in 2015 valued at $30B, DigiTimes Research reports
The global LED lighting market value in 2015 is estimated to increase 24.8% to $29.91B, reports DigiTimes Research. There will be approximately 1.81B LED light bulbs shipped globally in 2015 and global LED light tube shipments will reach 520M units. Reference Link

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