CREE JPMorgan strongly recommends owning Cree ahead of results JPMorgan said it strongly recommends owning shares of Cree ahead of the company's Q3 earnings report next week. The firm believes demand is strengthening for LED products and that Cree's Q4 guidance will be a positive catalyst for the stock. JPMorgan has an Overweight rating on Cree with a $42 price target.
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