Cavium (CAVM) Reports In-Line Q4 EPS
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New Product Opportunities Keep Needham & Company Bullish on Cavium (CAVM) - PT to $75
January 28, 2016 8:32 AM ESTNeedham & Company maintained a Buy rating on Cavium Networks (NASDAQ: CAVM), and cut the price target to $75.00 (from $80.00), following the company's 4Q earnings report. Cavium reported 4Q15 revenue and non-GAAP EPS of $100.9MM/$0.28, in-line with guidance. Management guided 1Q16 revenue to be flat... More
