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EZchip (NASDAQ:EZCH)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Thursday. They currently have a $28.00 target price on the stock, down from their previous target price of $29.00. Jefferies Group’s target price suggests a potential upside of 11.24% from the company’s current price.

EZCH has been the subject of a number of other recent research reports. Analysts at Imperial Capital initiated coverage on shares of EZchip in a research note on Wednesday, August 6th. They set an “outperform” rating and a $28.00 price target on the stock. Analysts at Feltl & Co. upgraded shares of EZchip from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 17th. One analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $30.20.

Shares of EZchip (NASDAQ:EZCH) traded down 3.97% during mid-day trading on Thursday, hitting $24.17. The stock had a trading volume of 156,704 shares. EZchip has a 52-week low of $21.30 and a 52-week high of $31.14. The stock has a 50-day moving average of $25.70 and a 200-day moving average of $25.23. The company has a market cap of $700.4 million and a price-to-earnings ratio of 30.36.

EZchip (NASDAQ:EZCH) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.02. The company had revenue of $22.10 million for the quarter, compared to the consensus estimate of $22.04 million. Analysts expect that EZchip will post $1.40 EPS for the current fiscal year.

EZchip Semiconductor Ltd. is the holding company of EZchip Technologies Ltd. (NASDAQ:EZCH).

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