B. Riley starts coverage of the LED lighting sector, tagging Veeco (VECO +3.2%), Aixtron (AIXG +3.4%) and Cree (CREE +2.1%) with Buy ratings and Rubicon (RBCN +4.4%) at Neutral. Orders at VECO and AIXG could snap back in H2 2012 "driven by improving general lighting demand"; CREE should rise as "general lighting demand [is] expected to drive the LED cyclical recovery."
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