Cree pullback a buying opportunity, says Lazard Capital

theflyonthewall.com

Lazard Capital views the 22% pullback in shares of Cree since the company's earnings as a buying opportunity. The firm said its channel checks indicate Cree's consumer LED lightbulb business at Home Depot is selling "extremely well" and it keeps a Buy rating on the stock with a $75 price target.

Rates

View Comments (1)