Seeking Alpha

Cree's (CREE -5.9%) FQ3 miss and soft FQ4 guidance is unsurprisingly bringing down other LED...

Cree's (CREE -5.9%) FQ3 miss and soft FQ4 guidance is unsurprisingly bringing down other LED industry firms. RBCN -3.3%. LEDS -1.8%. AIXG -2.6%. ThinkEquity has responded to the news by downgrading Cree to Hold. Staying bullish is Oppenheimer, which thinks sales disruptions caused by the Rund acquisition are causing short-term problems. Needham and Jefferies expect Cree's margins to expand as business recovers. (transcript)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector