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Fly News Breaks for April 30, 2015
CAVM
Apr 30, 2015 | 08:25 EDT
Canaccord said the weakness in Cavium due to its Q2 guidance miss has presented a buying opportunity. The firm believes Cavium's core portfolio of processor products remains intact and said the company remains a top pick. Canaccord lowered its price target to $77 from $81 on Cavium shares and reiterated its Buy rating on the stock.
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