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Shares of II-VI (IIVI) Continue Higher Following Sidoti Upgrade

August 26, 2009 3:55 PM EDT
IIVI Hot Sheet
Rating Summary:
    2 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Sidoti & Co. upgraded shares of II-VI (Nasdaq: IIVI) from Neutral to Buy earlier, also raising its price target from $29 to $31.

The stock, which opened only 1% higher, has climbed steadily throughout the trading session and is now up nearly 11% to $26.24.

Visit our Analyst Ratings page to see all the upgrades/downgrades on shares of II-VI.

II-VI Incorporated develops, manufactures, and markets materials and derivative precision components and products for precision use in industrial, medical, military, and aerospace applications worldwide.

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