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Rating: CAVM
Buy $80
up 94.00 %

CAVIUM NETWORKS INC (NASDAQ: CAVM) reiterated to Buy with price target $80 by Needham

Thursday,  Oct 29, 2015  11:25 AM ET by Kristen Bailey

Here is more proof that the Needham rating can guide you in smart investing. Needham reiterated CAVIUM NETWORKS INC (NASDAQ: CAVM) to Buy with price target
$80 with today's price of $68.80. Needham rated CAVIUM NETWORKS INC (NASDAQ: CAVM) to Buy with price target $38 on 02/01/2013, when the price was $35.46. CAVIUM NETWORKS INC's stock price gained 94% since then.
By following the previous Needham's recommendation on CAVM, you would have gained 94% in 1000 days.

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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.



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