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Cavium (NASDAQ:CAVM) has earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the stock, AnalystRatingsNetwork reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $41.30.

Shares of Cavium (NASDAQ:CAVM) opened at 40.25 on Monday. Cavium has a 52-week low of $28.65 and a 52-week high of $42.41. The stock has a 50-day moving average of $36.18 and a 200-day moving average of $37.37. The company’s market cap is $2.092 billion.

Cavium (NASDAQ:CAVM) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.01. The company had revenue of $81.10 million for the quarter, compared to the consensus estimate of $81.12 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. Analysts expect that Cavium will post $1.35 EPS for the current fiscal year.

CAVM has been the subject of a number of recent research reports. Analysts at Jefferies Group cut their price target on shares of Cavium from $47.00 to $45.00 in a research note on Thursday, January 30th. Separately, analysts at Wedbush upgraded shares of Cavium from a “neutral” rating to an “outperform” rating in a research note on Monday, January 27th. They now have a $42.00 price target on the stock, up previously from $40.00. Finally, analysts at Zacks downgraded shares of Cavium from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 21st. They now have a $33.90 price target on the stock.

Cavium, Inc, formerly Cavium Networks, Inc, designs, develops and markets semiconductor processors for intelligent and secure networks.

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