D.A. Davidson Maintains Cree $35 PT, Buy

D.A. Davidson maintained its Cree

Buy rating and $35 price target in a research report published today. In the report, D.A. Davidson stated, "We expect CREE to report an in line quarter (our and consensus estimates call for $0.21 on $300 million) and commentary should point to improving fundamentals when the company reports its FQ3 earnings after the close on April 17th." Shares of Cree were trading at $30.98 at the time of posting, up 5.20% from Tuesday's market close.