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Fly News Breaks for July 31, 2017
CEVA
Jul 31, 2017 | 08:09 EDT
Roth Capital analyst Suji Desilva raised his price target for CEVA to $53 from $47 ahead of results as he believes it represents a differentiated investment opportunity in high-margin licensing and royalty revenue, levered to growth across communications and Internet of Things applications. The analyst reiterates a Buy rating on the shares.
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