II-VI, Inc. (IIVI) Tops Q4 EPS by 12c, Offers Q1 Guidance
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Go back to II-VI, Inc. (IIVI) Tops Q4 EPS by 12c, Offers Q1 Guidance
August 11, 2021 8:36 AM EDT
Susquehanna analyst Christopher Rolland lowered the price target on II-VI, Inc. (NASDAQ: IIVI) to $66.00 (from $68.00) while maintaining a Neutral rating.
The analyst commented, "A mixed quarter as Comms and Industrial avoided some supply pitfalls to deliver strong results. Consumer implies poor Apple 3DS, and investments in SiC impact profitability/FCF."
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August 11, 2021 6:27 AM EDT
Stifel analyst John Marchetti lowered the price target on II-VI, Inc. (NASDAQ: IIVI) to $82.00 (from $90.00) while maintaining a Buy rating.
The analyst commented, "We remain Buy-rated on shares of IIVI as we believe long-term demand drivers and fundamentals remain intact despite near-term headwinds around... More
