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Fly News Breaks for December 31, 2018
FNSR, IIVI
Dec 31, 2018 | 09:11 EDT
As previously reported, Northland upgraded II-VI (IIVI) to Outperform from Market Perform and increased its price target to $40 from $39. Analyst Tim Savageaux said the pullback in shares following the Finisar (FNSR) discounts an overly negative view given both pro forma earnings power and deal synergies of nearly $4/share.
News For IIVI;FNSR From the Last 2 Days
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