Form 8-K CEVA INC For: May 10

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Go back to Form 8-K CEVA INC For: May 10

CEVA Inc. (CEVA) PT Lowered to $70 at Oppenheimer

May 11, 2021 7:05 AM EDT

Oppenheimer analyst Andrew Uerkwitz lowered the price target on CEVA Inc. (NASDAQ: CEVA) to $70.00 (from $85.00) while maintaining a Outperform rating.

The analyst commented, "CEVA reported 1Q21 revenue above and EPS below consensus forecasts of $24.0M/ $0.06 and versus our previous $23.7M/ ($0.05E). Top-line... More