$CREE Revised Upside targets

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Today's upgrade helped add fuel o the stock which was already breaking out. Previous targets were hit so
we have revised with next targets we have on out horizons.
Stock remained strong today while the SMH had some relative weakness.
Broke through Fibonacci golden pocket
JMP Securities analyst Joseph Osha upgraded Cree to Outperform from Market Perform with a $74 price target.
Read more at:
thefly.com

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