Morgan Stanley Expects Strong Revenue Growth in 2014 for Cavium
February 19, 2014 at 09:04 AM EST
In a report published Wednesday, Morgan Stanley analyst Joseph Moore reiterated an Overweight rating and $48.00 price target on Cavium (NASDAQ: CAVM ). In the report, Morgan Stanley noted, “Cavium should maintain share in the highest growth portion of the communications processor market (>8 cores), thus outgrowing the peer group.