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Fly News Breaks for May 18, 2018
CEVA
May 18, 2018 | 07:23 EDT
As reported previously, Cowen analyst Matthew Ramsay initiated Ceva with an Outperform rating. The analyst anticipates continued strong royalty and royalty/unit growth in mobile and royalty diversification into connectivity, vision, auto, base station, and IoT chips. Ramsay has a $43 price target on Ceva shares.
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