Cavium (CAVM) Tops Q1 EPS by 2c

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Cavium Networks (CAVM) PT Raised to $81 at MKM Partners Following 1Q Beat & Raise; 'Solid Results & Execution, Design Wins Continue to Accelerate'

April 27, 2017 12:28 PM EDT

MKM Partners raised its price target on Cavium Networks (NASDAQ: CAVM) to $81.00 (from $77.00) while maintaining a Buy rating, following the company's first quarter report.

Analyst Ruben Roy notes management experienced softer seasonality for the quarter, yet still delivered revenue and EPS figures above... More

Cavium Networks (CAVM) PT Raised to $66 at Stifel; Reiterates Hold

April 27, 2017 7:30 AM EDT

Stifel raised its price target on Cavium Networks (NASDAQ: CAVM) to $66.00 (from $55.00) while maintaining a Hold rating. 1Q revenue of $229.6mn was above the Street estimate of $227mn. Driven by revenue and partially offset by gross margin, the company reported non-GAAP EPS of $0.58,... More