Traders in Cree Cheer as Goldman Lifts Price Target to $73, But New Target Suggests Only 8% Upside...
July 02, 2013 at 10:52 AM EDT
Traders in Cree (NASDAQ: CREE ) are responding to news of a raised price target from Goldman Sachs' Brian Lee Tuesday morning. The analyst now sees shares of Cree rising to $73 over the next year, up from $60 previously. Lee maintains a Buy rating on shares of Cree. The
