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Fly News Breaks for February 22, 2017
CAVM
Feb 22, 2017 | 07:23 EDT
MKM Partners analyst Ruben Roy initiated Cavium with a Buy and a $77 price target. The analyst commented Cavium has established itself as leading provider of network processors to tier-1 equipment vendors globally and expects core products to continue to grow faster than the broader semiconductor market as data center and cloud based applications continue to proliferate.
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