II-VI, Inc. (IIVI) Tops Q4 EPS by 16c

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II-VI (IIVI) Bullish View Reiterated at Needham & Company Amid 'Strong' Q4

August 2, 2016 3:14 PM EDT

Needham & Company analyst James Ricchiuti reiterated a Buy rating and $26 price target on II-VI, Inc. (NASDAQ: IIVI) following strong Q4 upside with healthy bookings.

Ricchiuti commented, "IIVI delivered upside FQ4 results driven by continued robust demand in optical communications, with industrial and military also providing solid... More