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Fly News Breaks for August 7, 2018
IIVI
Aug 7, 2018 | 13:54 EDT
Piper Jaffray analyst Troy Jensen raised his price target for II-VI to $57 citing the company's better than expected Q4 results. II-VI's core fundamentals "remain very strong" and it continues to build on this strength with "exciting growth opportunities" in silicon carbide, EUV lithography and 3D sensing, Jensen tells investors in a research note. The analyst reiterates an Overweight rating on the shares.
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