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Ii-vi Incorporated (IIVI) [hlAlert]

Rating:
Hold IIVI

Ii-vi Incorporated (IIVI) downgraded to Hold by Needham

Posted on: Thursday,  Apr 24, 2008  9:25 AM ET by Needham

II-VI Inc
(IIVI) rated Hold by Needham.

II-VI Incorporated designs, manufactures and markets optical and opto-electronic components, devices and materials for infrared, near-infrared, visible light, x-ray and gamma ray instrumentation. The Company's infrared optics business manufactures optical and opto-electronic components sold under the II-VI brand name and used primarily in CO2 lasers. The Company's near-infrared optics business manufactures near-infrared & visible light products for industrial, scientific, military & medical instruments and laser gain materials and products for solid-state YAG and YLF lasers at the Company's VLOC subsidiary. The Company's military infrared optics business manufactures infrared products for military applications under the Exotic Electro-Optics brand name.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2014 9:25 AM Buy
None
15.04 18.00
as of 12/24/2008
1 Week up  4.28 %
1 Month up  14.30 %
3 Months up  3.73 %
1 YTD up  18.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2013 8:25 AM Buy
None
16.00 18.00
1/23/2013 8:25 AM Buy
None
17.74 19.00
6/15/2012 11:26 AM Buy
None
16.46 23.00
10/25/2011 2:25 PM Buy
None
16.68 22.00
12/4/2008 9:25 AM Buy
None
8.00 10.00
4/24/2008 9:25 AM Hold
None
18.22

(*) Stock Price at the time of the recommendation.
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