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Enter Symbol:
Rating: CAVM
Hold $70

CAVIUM NETWORKS INC (NASDAQ: CAVM) downgraded to Hold with price target $70 by Stifel

Thursday,  Oct 29, 2015  8:25 AM ET by Dave Ficere

Stifel downgraded CAVIUM NETWORKS INC (NASDAQ: CAVM) to Hold with price
target $70. Previously Stifel rated Buy with price target $68 CAVIUM NETWORKS INC (NASDAQ: CAVM) on 01/29/2015, when the stock price was $61.83.

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.


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