Piper Jaffray is singling out II-VI (NASDAQ:IIVI) and Acacia Communications (NASDAQ:ACIA) among optical component suppliers, saying they"re better positioned than rivals in the space.
II-VI is up 1.2% after hours; ACIA is up 0.8%.
Analyst Troy Jensen started II-VI at Overweight on the prospects of new market opportunities, including VCSELs, while Acacia (also Overweight) has access to a range of growth options including hyperscale data center capital spending. (h/t Bloomberg)
He has a $50 price target on II-VI, implying 35% upside; his target on Acacia is $43, implying 12.5% upside.Nguồn: seekingalpha.com