Fly News Breaks for February 11, 2020
Feb 11, 2020 | 07:38 EDT
Cowen analyst Paul Silverstein raised his price target on ll-Vl following Q2 results. The analyst significantly raised his estimates on both earnings and revenues and views ll-Vl as a franchise name. The analyst said the coronavirus adversely impacts the near-term outlook for the company but he said the quarterly results reinforced his investment thesis. Silverstein reiterated his Outperform rating on ll-Vl shares.
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