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Enter Symbol:
 
Ceva, Inc. (CEVA) [hlAlert]

Rating:
Outperform
CEVA
up 93.12 %

Ceva, Inc. (CEVA) rated Outperform with price target $14 by Wedbush Morgan

Posted on: Monday,  Dec 28, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Ceva, Inc. (NASDAQ: CEVA) on 12/28/2009. Previously Wedbush Morgan rated Outperform Ceva, Inc. (NASDAQ: CEVA) on 07/27/2009.,
when the stock price was $9.60. Since then, Ceva, Inc. has gained 93.13% as of 01/11/2016's recent price of $18.54.
If you would have followed the previous Wedbush Morgan's recommendation on CEVA, you would have gained 93.12% of your investment in 2359 days.

CEVA, Inc. (CEVA) is a licensor of silicon intellectual property (SIP) primarily for the handsets, portable multimedia and consumer electronics markets. CEVA licenses a portfolio of digital signal processor (DSP) cores, subsystems and platforms to semiconductor and original equipment manufacturer (OEM) companies worldwide, which include a family of programmable DSP cores; DSP-based subsystems, and a portfolio of application-specific platforms, including video, audio, voice over Internet protocols (VoIP), Bluetooth and Serial Advanced Technology Attachment (SATA). CEVA addresses the requirements of the handsets, portable multimedia and home entertainment markets by designing and licensing programmable DSP cores, DSP-based subsystems, application-specific platforms and a range of software components.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/28/2009 9:25 AM Buy
None
12.50 14.00
as of 12/31/2009
1 Week up  85.32 %
1 Month up  97.42 %
3 Months up  113.76 %
1 YTD up  83.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2009 9:25 AM Buy
None
9.60 11.00

(*) Stock Price at the time of the recommendation.
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