II-VI, Inc. (IIVI) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q EPS/Revenue Outlook Above Consensus

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Go back to II-VI, Inc. (IIVI) Reports In-Line Q1 EPS, Revenues Beat; Offers 2Q EPS/Revenue Outlook Above Consensus

II-VI, Inc. (IIVI) PT Lowered to $54 at Deutsche Bank

November 1, 2018 1:45 PM EDT

Deutsche Bank analyst Sidney Ho lowered the price target on II-VI, Inc. (NASDAQ: IIVI) to $54.00 (from $58.00) while maintaining a Buy rating following strong results and guidance above the Street.

Ho said the guidance was better feared as the company appears to be doing a good job navigating through macro uncertainty.

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