By: Benzinga
January 23, 2013 at 14:42 PM EST
UPDATE: Piper Jaffray Reiterates Overweight Rating, Raises PT on Cree
In a report published Wednesday, Piper Jaffray & Co. reiterated its Overweight rating on Cree (NASDAQ: CREE ), and raised its price target from $40.00 to $43.00. Piper Jaffray noted, “We assume coverage of CREE with an Overweight rating and a $43 price target following F2Q13 earnings, as we see
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