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Analyst Moves: CREE, ALL

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November 29, 2012 AT 9:05 PM
Cree (CREE) was downgraded by Deutsche Bank (DB) to hold from buy with a price target of $33, as the firm believes that the stock price has little room to go higher, given that shares are already higher by 50% this year. Shares are lower by about 4.5 percent.