Wedbush Reiterates Outperform on Cree on Expected Strong 1Q14 Results
October 18, 2013 at 09:25 AM EDT
In a report published Friday, Wedbush analyst Craig Irwin reiterated an Outperform rating and $83.00 price target on Cree (NASDAQ: CREE ). In the report, Wedbush noted, “We expect margin gains in Cree's LED A-lamps and growth in the LED Lighting Fixtures market to drive strong 1Q14 results. We are