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Stock Market & Financial Investment News

News Breaks
January 23, 2013
08:31 EDTCREECree price target raised to $46 from $40 at Susquehanna
Susquehanna raised its price target on Cree following better than expected Q2 results. The firm believes management's guidance tone was conservative but expects a mix of new products and factory cost reductions will help revenues and gross margins. Shares are Positive rated.
News For CREE From The Last 14 Days
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July 18, 2014
06:08 EDTCREENavigant: 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

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