Cree (CREE +2.1%) is rallying on an upgrade to Buy from ThinkEquity, which is setting a $30 PT....

|By:, SA News Editor

Cree (CREE +2.1%) is rallying on an upgrade to Buy from ThinkEquity, which is setting a $30 PT. LED rival SemiLEDs (LEDS +3.6%), which just settled a patent dispute with Cree, is also moving higher.