Cree Stock Gets a Downgrade from JP Morgan. It’s Now Neutral
JP Morgan took its Cree [CREE] rating to the equivalent of Neutral, and the price target to 108.0, in a research note dated 2021-01-05. That figure represents around a 0.94% premium from where the company’s shares closed on Monday. Other analysts also revised their coverage, with JP Morgan’s analysts upgrading the shares from “a Neutral” […]
Goldman Sachs maintains Cree Inc. [CREE]’s rating to Neutral and price target at $77
Goldman Sachs maintained its Cree Inc. [NASDAQ:CREE] rating to the equivalent of Neutral but changed the price target to $77 from $67, in a research note dated December 29, 2020. Other analysts also revised their coverage, with Morgan Stanley’s analysts downgrading the shares from “an Overweight” rating to “an Equal-weight” rating in a research note […]