Cavium (CAVM) Tops Q2 EPS by 2c; Will Acquire Xpliant in $90M Deal

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Go back to Cavium (CAVM) Tops Q2 EPS by 2c; Will Acquire Xpliant in $90M Deal

Cavium Networks (CAVM) PT Raised at Jefferies on 'Beat and Raise' and Xpliant Deal

July 31, 2014 6:46 AM EDT

Jefferies analyst Sundeep Bajikar reiterated a Buy rating and bumped his price target on Cavium Networks (NASDAQ: CAVM) to $56.00 (from $52.00) following 'beat and raise' Q2 results and the Xpliant acquisition.

Bajikar, "Cavium's Q2 beat and raise highlights both the strength and... More

Cavium (CAVM) trading halted with news pending

July 30, 2014 4:01 PM EDT

Cavium (NASDAQ: CAVM) trading halted with news pending.

... More