EZchip Announces First Quarter 2015 Results; Provides Update On Status Of NPS Adoption
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Jefferies Maintain Hold Following EZchip Semiconductor's (EZCH) Loss of the Cisco Edge Router
May 14, 2015 10:37 AM EDTJefferies maintains a Hold rating on EZchip Semiconductor (NASDAQ: EZCH), and lowers the price target to $16.50 (from $22.00), following the loss of Cisco's next-generation Edge Router. Management lowered guidance for 2015 OpEx to $52M (from $55M).
Jefferies analyst, Sundeep Bajikar, commented on EZCH, saying "With... More
