CEVA (NASDAQ:CEVA) Stock Rating Upgraded by Zacks Investment Research
CEVA (NASDAQ:CEVA) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. The brokerage currently has a $32.00 target price on the semiconductor company’s stock. Zacks Investment Research‘s target price points to a potential upside of 12.99% from the stock’s current price.
According to Zacks, “CEVA is the leading licensor of signal processing IP for a smarter, connected world. They partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Their ultra-low-power IPs for vision, audio, communications and connectivity include comprehensi ...