Fly News Breaks for May 26, 2015
CEVA
May 26, 2015 | 06:53 EDT
Barclays said Overweight rated CEVA is becoming a more balanced company with significant cash generation and higher margins. The firm said 2G has slowed its decline and overall share is steady at 75%, and CEVA is providing more information regarding units and royalties in its emerging opportunities. Barclays believes CEVA is on the verge of reaching critical mass across multiple new platforms and raised its price target to $25 from $23.
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