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Fly News Breaks for June 8, 2015
CAVM
Jun 8, 2015 | 07:47 EDT
Canaccord raised its price target on Cavium to $89 from $77 as they believe its core portfolio of highly integrated embedded and security processor products will continue to drive strong design win growth and is sufficient to sustain recent double digit growth rates in the wireless infrastructure, security, and data center markets. Canaccord reiterated its Buy rating on Cavium shares.
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