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Fly News Breaks for November 8, 2019
IIVI
Nov 8, 2019 | 08:17 EDT
Raymond James analyst Simon Leopold initiated coverage of II-VI with an Outperform rating and $44 price target. In a research note to investors, Leopold says the acquisition of Finisar altered II-VI's profile, opening up even more opportunities to invest in those markets, adding that he likes management's long-term vision, and think opportunities such as 3D sensing, Silicon Carbide and optical switching can deliver healthy growth.
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