II-VI, Inc. (IIVI) Tops Q4 EPS by 4c; Guides

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II-VI, Inc. (IIVI) PT Raised to $75 at Needham & Company Following EPS

August 25, 2022 7:29 AM EDT

Needham & Company analyst James Ricchiuti raised the price target on II-VI, Inc. (NASDAQ: IIVI) to $75.00 (from $70.00) while maintaining a Buy rating following Q1 beat.

The analyst commented, "IIVI provided a better-than-expected FQ123 revenue outlook, its first quarterly guide for the combined business since... More