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Deutsche Bank Reiterates Buy on Cavium Networks (CAVM)
Wednesday, May 11, 2011 - 8:05am | 129Deutsche Bank reiterated its Buy rating on Cavium Networks (NASDAQ: CAVM). In a research report published today, Deutsche Bank stressed it expects Cavium's products, like Octeon3 and Nitrox chip, to continue to dominate the markets. In the report, Deutsche Bank states, "We note that the Octeon3...
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Auriga Raises PT On CAVM To $56
Friday, April 29, 2011 - 8:24am | 149Auriga has raised its price target on Cavium Networks (NASDAQ: CAVM) from $54 to $56 and are maintaining a Buy rating on the stock, following a strong quarter. Says Auriga, “We maintain our Buy rating and increase our price target to $56 from $54 as CAVM reported yet another beat and raise quarter...
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UPDATE: J.P. Morgan Raises PT on Cavium Networks to $55 (CAVM)
Friday, April 29, 2011 - 7:45am | 121J.P. Morgan is out with its report today on Cavium Networks (NASDAQ: CAVM), raising its PT from $50 to $55. In a note to clients, J.P. Morgan writes, "We believe that investors are focusing on C13earnings given the expectations for a multi-year growth cycle for CAVM. Our new PT is based on a P/E...
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UPDATE: Deutsche Bank Color On CAVM Target Increase
Friday, April 29, 2011 - 7:22am | 121Deutsche Bank, which raised its PT on shares of Cavium Networks, Inc. (NASDAQ: CAVM), is providing some color on the stock. “Cavium reported Q1 revenues of $63.6 m (up 6% sequentially and up 53% yearly) and $0.32 of pro-forma EPS,” Deutsche Bank writes. “Revenues were slightly higher versus our...
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Deutsche Bank Raises PT on Cavium Networks To $53
Friday, April 29, 2011 - 6:26am | 27Deutsche Bank has raised the price target on Cavium Networks (NASDAQ: CAVM) from $50 to $53 and maintains its Buy rating.
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JP Morgan Raises PT On Cavium Networks To $55
Friday, April 29, 2011 - 6:20am | 27JP Morgan has raised the price target on Cavium Networks (NASDAQ: CAVM) from $50 to $55 and maintains its Overweight rating.
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Piper Jaffray Reiterates Underweight Rating For Cavium Networks (CAVM)
Thursday, February 10, 2011 - 9:06am | 159Piper Jaffray is out with a new report that is pessimistic on Cavium Networks' (NASDAQ: CAVM) revenue outlook. The report states, “We believe CAVM is skipping the 40nm/45nm generation in network processors, hurting its competitive position. Moreover, we believe the company is late with its 65nm 32...
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Jefferies Recommends Buying Shares Of CAVM
Tuesday, February 1, 2011 - 9:17am | 64Jefferies has recommended buying shares of Cavium Networks (NASDAQ: CAVM) “as we believe it is positioned for a significant multi-year revenue ramp fueled by its strong backlog of design wins (>$500MM annual revenue run rate), which we expect to continue to expand as the market moves to multi-...
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JP Morgan Raises PT On Cavium Networks To $50
Tuesday, February 1, 2011 - 8:21am | 28JP Morgan has raised the price target on Cavium Networks, Inc. (NASDAQ: CAVM) from $37 to $50 and maintains its Overweight rating.
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Piper Jaffray Downgrades Cavium Networks To Underweight
Thursday, January 20, 2011 - 8:19am | 29PIper Jaffray has downgraded Cavium Networks (NASDAQ: CAVM) from Neutral to Underweight and and has raised the price target from $29 to $35.