Benchmark Company Reiterates Buy Rating, $21 PT on Ceva
Posted on January 30, 2013 at 14:17 PM EST
In a report published Wednesday, Benchmark Company reiterated its Buy rating and $21.00 price target on Ceva (NASDAQ: CEVA ). Benchmark Company noted, “Following 4Q12 results, we reiterate our Buy rating. While CEVA has not demonstrated the ability to grow overall revenue for several quarters, despite growth in royalty units