Creeprice target lowered to $50 from $60 at Credit Suisse Credit Suisse lowered Cree's price target to $50 from $60 citing lower than expected Q3 margins and guidance. The firm expects mix shift from LED products will continue to dilute margins, reduce operating leverage, and increase opex and taxes. The firm rates shares a Neutral.
News For CREE From The Last 14 Days
Check below for free stories on CREE the last two weeks.