CEVA INC (CEVA) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of CEVA INC (CEVA) from OUTPERFORM to NEUTRAL on November 15, 2012, with a target price of $16.90.

CEVA Inc is the leading licensor of DSP cores and integrated applications to the semiconductor industry. CEVA markets a portfolio of DSP IP in three integrated areas: CEVA DSPs CEVA-Xpert Open Framework Environment CEVA-Xpert Applications supported by Xpert-Integration services.

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