Constellation Brands, Inc. (STZ) At $227.58 Forms Top; Cree, Inc. (CREE) Had 3 Analysts Last Week

Cree, Inc. (NASDAQ:CREE) Logo

Among 21 analysts covering Cree Inc. (NASDAQ:CREE), 3 have Buy rating, 4 Sell and 14 Hold. Therefore 14% are positive. Cree Inc. had 61 analyst reports since August 12, 2015 according to SRatingsIntel. Goldman Sachs maintained Cree, Inc. (NASDAQ:CREE) on Wednesday, August 17 with “Sell” rating. The stock of Cree, Inc. (NASDAQ:CREE) has “Market Perform” rating given on Wednesday, August 17 by Northland Capital. The stock of Cree, Inc. (NASDAQ:CREE) earned “Outperform” rating by Northland Capital on Thursday, February 4. The company was maintained on Wednesday, August 23 by Bank of America. The rating was initiated by Canaccord Genuity on Friday, September 23 with “Hold”. Deutsche Bank maintained it with “Buy” rating and $45.0 target in Wednesday, January 24 report. Northland Capital maintained it with “Hold” rating and $28.0 target in Tuesday, September 26 report. The firm has “Sell” rating given on Friday, October 6 by J.P. Morgan. The firm has “Hold” rating given on Friday, September 30 by Williams Capital Group. The stock of Cree, Inc. (NASDAQ:CREE) earned “Hold” rating by Oppenheimer on Tuesday, August 22. See Cree, Inc. (NASDAQ:CREE) latest ratings:

06/03/2018 Broker: Cowen & Co Rating: Hold New Target: $37.0 Maintain
07/03/2018 Broker: Williams Capital Group Rating: Hold New Target: $38.0 Maintain
07/03/2018 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral Upgrade
27/02/2018 Broker: Williams Capital Group Rating: Hold New Target: $36.0 Maintain
24/01/2018 Broker: Canaccord Genuity Rating: Hold New Target: $31.0 Maintain
24/01/2018 Broker: Cowen & Co Rating: Hold New Target: $30.0 Maintain
24/01/2018 Broker: Williams Capital Group Rating: Hold New Target: $32.0 Upgrade
24/01/2018 Broker: Deutsche Bank Rating: Buy New Target: $45.0 Maintain
23/01/2018 Broker: Tigress Financial Rating: Hold Downgrade
23/01/2018 Broker: Roth Capital Rating: Hold New Target: $35.0 Downgrade

Constellation Brands, Inc. (STZ) formed multiple top with $234.41 target or 3.00% above today’s $227.58 share price. Constellation Brands, Inc. (STZ) has $44.34B valuation. The stock decreased 0.89% or $2.04 during the last trading session, reaching $227.58. About 1.18M shares traded. Constellation Brands, Inc. (NYSE:STZ) has risen 33.47% since April 22, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

The stock decreased 2.06% or $0.85 during the last trading session, reaching $40.33. About 787,871 shares traded. Cree, Inc. (NASDAQ:CREE) has risen 47.95% since April 22, 2017 and is uptrending. It has outperformed by 36.40% the S&P500.

Cree, Inc. provides lighting-class light emitting diode , lighting, and semiconductor products for power and radio-frequency (RF) applications in the United States, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally. The company has market cap of $3.99 billion. The Company’s Lighting Products segment offers LED lighting systems and bulbs for use in settings, such as office and retail space, restaurants and hospitality, schools and universities, manufacturing, healthcare, airports, municipal, residential, street lighting and parking structures, and other applications. It currently has negative earnings. This segment sells its products to distributors, retailers, and customers.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.04, from 1.14 in 2017Q3. It is negative, as 28 investors sold Cree, Inc. shares while 75 reduced holdings. 54 funds opened positions while 59 raised stakes. 99.93 million shares or 3.73% more from 96.34 million shares in 2017Q3 were reported. Blackrock reported 0.02% of its portfolio in Cree, Inc. (NASDAQ:CREE). Covington Capital Mngmt reported 104 shares. Financial Architects accumulated 8,000 shares. Metropolitan Life Ins Com Ny holds 0.03% of its portfolio in Cree, Inc. (NASDAQ:CREE) for 55,642 shares. Comml Bank Of Montreal Can, a Ontario – Canada-based fund reported 2,516 shares. Schwab Charles Investment Management holds 0.02% or 758,095 shares in its portfolio. 5,881 were accumulated by Zeke Capital Advsr Ltd. Federated Pa reported 31,116 shares or 0% of all its holdings. Envestnet Asset Mgmt Inc holds 25,658 shares. Captrust Fincl Advsr holds 73 shares. Menta Ltd Liability Corporation has 16,213 shares for 0.12% of their portfolio. Brandywine Glob Mgmt Ltd Llc has 288,471 shares. Voloridge Inv Mgmt Limited owns 115,165 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 5,721 shares. Morgan Stanley holds 0.01% or 928,929 shares in its portfolio.

Since January 30, 2018, it had 0 buys, and 4 selling transactions for $6.69 million activity. 6,398 shares were sold by LOCKE JAMES A III, worth $1.47M on Tuesday, April 17. FROMBERG BARRY A sold 3,000 shares worth $687,672. Klein David Eric sold $4.09 million worth of stock or 17,900 shares.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.10, from 1.14 in 2017Q3. It increased, as 43 investors sold Constellation Brands, Inc. shares while 243 reduced holdings. 97 funds opened positions while 257 raised stakes. 140.30 million shares or 2.61% less from 144.05 million shares in 2017Q3 were reported. Egerton Capital (Uk) Llp owns 2.60 million shares. Dillon And Associate Inc owns 0.13% invested in Constellation Brands, Inc. (NYSE:STZ) for 1,492 shares. Cypress Asset Inc Tx has invested 0.32% in Constellation Brands, Inc. (NYSE:STZ). Blair William Il holds 0.02% or 13,646 shares. Grassi Investment Management accumulated 1,650 shares. Moreover, Ontario Teachers Pension Plan Board has 0.12% invested in Constellation Brands, Inc. (NYSE:STZ) for 43,163 shares. Public Employees Retirement Association Of Colorado owns 0.05% invested in Constellation Brands, Inc. (NYSE:STZ) for 31,993 shares. Howe & Rusling Inc holds 1.08% or 25,998 shares in its portfolio. B T Cap Mgmt Dba Alpha Cap Mgmt owns 0.4% invested in Constellation Brands, Inc. (NYSE:STZ) for 3,693 shares. Hancock holds 0.03% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 3,400 shares. Copeland Cap Management Lc reported 39,998 shares. Washington Trust Natl Bank reported 39,078 shares. Citadel Ltd Liability Com has 1.15M shares. Lpl Finance stated it has 31,185 shares or 0.02% of all its holdings. Accuvest Glob holds 0% or 26 shares in its portfolio.

Among 23 analysts covering Constellation Brands (NYSE:STZ), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Constellation Brands had 83 analyst reports since August 27, 2015 according to SRatingsIntel. Deutsche Bank maintained Constellation Brands, Inc. (NYSE:STZ) rating on Friday, March 23. Deutsche Bank has “Buy” rating and $256 target. Goldman Sachs maintained it with “Buy” rating and $180 target in Thursday, April 7 report. The rating was initiated by Nomura with “Neutral” on Thursday, September 17. The company was maintained on Thursday, September 14 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 27 report. As per Thursday, June 29, the company rating was maintained by Pivotal Research. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Monday, February 5 by BMO Capital Markets. The stock has “Neutral” rating by UBS on Friday, April 7. The stock has “Neutral” rating by Goldman Sachs on Monday, July 24. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, October 8.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on July, 5. They expect $2.49 earnings per share, up 6.41% or $0.15 from last year’s $2.34 per share. STZ’s profit will be $485.14M for 22.85 P/E if the $2.49 EPS becomes a reality. After $1.90 actual earnings per share reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts 31.05% EPS growth.

Cree, Inc. (NASDAQ:CREE) Institutional Positions Chart