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Enter Symbol:
Rating: CAVM
Buy $89

CAVIUM NETWORKS INC (NASDAQ: CAVM) reiterated to Buy with price target $89 by Canaccord Genuity

Monday,  Jun 8, 2015  9:25 AM ET by Betsy O'Brien Harrison

Canaccord Genuity reiterated CAVIUM NETWORKS INC (NASDAQ: CAVM) to Buy with price
target $89. Previously Canaccord Genuity reiterated CAVIUM NETWORKS INC (NASDAQ: CAVM) to Buy with price target $77 on 04/30/2015, when the stock price was $66.11.

Cavium Networks, Inc. is a provider of integrated semiconductor processors that enable intelligent processing for networking, communications, storage, wireless, security and video applications. Its products include a suite of embedded security protocols that enable unified threat management (UTM), secure connectivity, network perimeter protection network virtualization, broadband gateways, third generation/fourth generation (3G/4G) wireless infrastructure, storage systems, wireless high definition multimedia interface (HDMI) cable replacement and embedded video applications. Its products are systems on a chip (SoCs), which incorporate single or multiple processor cores, an integrated architecture and customizable software that is based on a range of operating systems. On August 1, 2008, it acquired Star Semiconductor Corporation. On December 23, 2008, it acquired W&W Communications, Inc.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.

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