Analyst Rating Roundup – CREE, ZOLT, ANDE

Posted by Tate Dwinnell | # |
02:38:27 pm on August 30, 2010

A few analyst rating changes to tell you about today.

Bank of America (BAC) is maintaining its Buy rating on Cree Inc (CREE) and increased 2012 EPS estimates to $3.21 per share.  Shares of CREE are holding the flat line today despite a healthy down day in the overall market.

====> Click Here For Your FREE Daily Cree Technical Analysis

Morgan Joseph began coverage of Andersons (ANDE) with a Buy rating and $48 price target.  That would be a 40% increase over current levels.  Shares of ANDE are down nearly 3% today despite the Buy rating, but remain quite bullish on the daily chart after breaking out of a cup with handle base formation in early August.

====> Click Here For Your FREE Daily Anderson’s Technical Analysis

Zoltek (ZOLT) is initiated with a Hold rating at Needham.

===> Click Here For Your FREE Daily Zoltek Technical Analysis

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