II-VI, Inc. (IIVI) Tops Q4 EPS by 8c

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II-VI, Inc. (IIVI) PT Raised to $53 at Needham & Company

August 8, 2018 6:41 AM EDT

Needham & Company raised its price target on II-VI, Inc. (NASDAQ: IIVI) to $53.00 (from $50.00) while maintaining a Buy rating.

Analyst James Ricchiuti commented, "IIVI ended F18 on a strong note by handily beating FQ4 revenue expectations and delivering stronger-than-expected adj. EPS. While... More