II-VI, Inc. (IIVI) Misses Q1 EPS by 1c, Revs Beat

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II-VI, Inc. (IIVI) PT Raised to $50 at Needham & Company Following Solid 1Q

October 31, 2017 4:18 PM EDT

Needham & Company raised its price target on II-VI, Inc. (NASDAQ: IIVI) to $50.00 (from $45.00) while maintaining a Buy rating following the company's 1Q earnings report. Revenue increased 18% y/o/y to $261.5M, slightly above the high end of guidance of $250M-$260M and 3% above consensus $255M.... More