Technology Stocks Cree Inc.
From: Sam 10/6/2017 9:26:07 AM Analyst Actions: JP Morgan Downgrades Cree to Underweight from Neutral MT NEWSWIRES 9:10 AM ET 10/6/2017 09:10 AM EDT, 10/06/2017 (MT Newswires) -- Cree's (CREE) average rating among analysts is a hold, with an average price target of $24. Price: 28.22, Change: -1.35, Percent Change: -4.57 Recommend Keep Reply Mark as Last Read
From: Don Green 10/19/2017 1:49:05 PM Williams Capital Group downgrades Cree Oct. 19, 2017 Brandy Betz, Williams Capital Group downgrades Cree (NASDAQ: CREE) from Hold to Sell with a $27 price target. Williams believes that Cree’s current valuation is overly optimistic. The firm does approve of new CEO Gregg Lowe and the results of Wolfspeed but thinks the stock price is too high based partly on short covering Cree shares are down 0.64%. Recommend Keep Reply Mark as Last Read