CAVIUM INC (CAVM) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of CAVIUM INC (CAVM) from NEUTRAL to UNDERPERFORM on May 03, 2012, with a target price of $25.40.

Cavium, Inc. is engaged in providing semiconductor processors that enable networking, communications, storage, video and security applications. The Company offers software compatible processors with functionality in enterprise, data-center, broadband/consumer and access and service provider equipment. Its processors are supported by ecosystem partners that provide operating systems, tools and application support, hardware reference designs and other services. Cavium, Inc., formerly known as Cavium Networks, Inc., is headquartered in Mountain View, California.

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