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CEVA Inc. (CEVA) PT Lowered to $58 at Oppenheimer
November 10, 2021 7:26 AM ESTOppenheimer analyst Andrew Uerkwitz lowered the price target on CEVA Inc. (NASDAQ: CEVA) to $58.00 (from $70.00) while maintaining an Outperform rating.
The analyst commented, "CEVA reported above-consensus 3Q21 results, led by licensing sales (+74% incl. full Q of Intrinsix). Licensing was particularly strong for Wi-Fi 6 (+149%... More
