UPDATE: Piper Jaffray Reiterates Overweight Rating, Raises PT on Cree Following Positive Pre-Announcement
In a report published Wednesday, Piper Jaffray reiterated its Overweight rating on Cree (NASDAQ: CREE), and raised its price target from $43.00 to $57.00.
Piper Jaffray noted, “With the company signing up Home Depot as an exclusive house that would carry these brands, we see revenues from this incremental opportunity to range from $194m-$272m at 1
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UPDATE: Piper Jaffray Reiterates Overweight Rating, Raises PT on Cree Following Positive Pre-Announcement,
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