UPDATE: Oppenheimer Lowers PT on CEVA on Headwinds, Bumpy Transitions
Posted on February 08, 2013 at 12:44 PM EST
In a report published Friday, Oppenheimer reiterated its Outperform rating on CEVA (NASDAQ: CEVA ), but lowered its price target from $25.00 to $18.00. Oppenheimer noted, “After reviewing our investment thesis, we reiterate our Outperform rating but lower our price target to $18 from $25. We see the stock pricing