Wolfspeed shares rise after Q4 revenue beat

** Shares of chipmaker Wolfspeed WOLF.N up 2.2% to $1.35 premarket

** Co's Q4 rev of $197 mln beats analyst expectations of $191.80 mln, per data compiled by LSEG

** WOLF says "next important milestone is for court to approve plan of reorganization next month and emerge from Chapter 11 shortly thereafter"

** Co had filed for Chapter 11 bankruptcy protection in July

** On an average, six analysts rate the stock "hold"; their median PT is $4, as per data compiled by LSEG

** YTD, WOLF down 80%