EZchip price target lowered to $29 from $38 at Maxim Maxim said its channel checks suggest that Broadcom's (BRCM) Sandburst-developed NPU has displaced EZchip (EZCH) at ZTE for the next product cycle. Shares of EZchip fell last week after its customer Cisco (CSCO) announced a new line of network processors. Maxim lowered its price target for EZchip shares to $29 but keeps a Buy rating on the stock. Note shares of EZchip were downgraded this morning at Oppenheimer.
News For EZCH From The Last 14 Days
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