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Fly News Breaks for May 2, 2019
FNSR, IIVI
May 2, 2019 | 08:59 EDT
Craig-Hallum analyst Richard Shannon raised his price target for II-VI (IIVI) to $54 from $47, assuming the company will close Finisar (FNSR) and based on his projected 2021 EPS for the combined entity. The analyst reiterates a Buy rating on II-VI shares.
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