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B. Riley: Cree initiated with a Buy at B. Riley Sterne Agee: Cree to benefit from stronger demand for LED components, says Sterne Agee |
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| After conducting supply chain checks, Sterne Agee thinks that demand for LED components has strengthened while pricing for the products has stabilized. The firm expects Cree’s margins to bottom in the current quarter, and it maintains a $40 target and Buy rating. | |
| Read the ratings. |