Cavium (CAVM) Tops Q1 EPS by 2c

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Go back to Cavium (CAVM) Tops Q1 EPS by 2c

Cavium (CAVM) Q1 Results 'Solid', Needham & Company Says; PT, Est. Raised

May 1, 2014 10:41 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Buy rating on Cavium Networks (NASDAQ: CAVM) and bumped his price target to $47 to $48 following 'solid' Q1 results saying the growth scenario is playing out earlier and larger than expected.

Bolton comments, "Cavium delivered... More

Nomura Securities Upgrades Cavium Networks (CAVM) to Neutral

May 1, 2014 7:35 AM EDT

Nomura Securities upgraded Cavium Networks (NASDAQ: CAVM) from Reduce to Neutral with a price target of $40.00 (from $32.00) following Q1 results.

Analyst Sanjay Chaurasia said, "We are upgrading the stock from Reduce to Neutral. Our key reason for the upgrade is the companys better traction in Liquid... More