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Fly News Breaks for February 13, 2018
IIVI
Feb 13, 2018 | 16:06 EDT
Piper Jaffray analyst Troy Jensen started II-VI with an Overweight rating and $50 price target. The company has a "significant number" of new market opportunities that should drive "meaningful" sales growth and profitability for the next several years, Jensen tells investors in a research note. He believes II-VI will be one of the top three VCSEL manufacturing for 3D sensing applications players.
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