Zacks Investment Research upgraded shares of EZCHIP SEMI LTD (EZCH) from NEUTRAL to OUTPERFORM on February 13, 2014, with a target price of $29.00.
EZCHIP is a fabless semiconductor company that provides Ethernet network processors for networking equipment. EZchip provides its customers with solutions that scale from 1-Gigabit to 100-Gigabits per second with a common architecture and software across all products. EZchip's network processors provide the flexibility and integration that enable triple-play data, voice and video services in systems that make up the new Carrier Ethernet networks. Flexibility and integration make EZchip's solutions ideal for building systems for a wide range of applications in telecom networks, enterprise backbones and data centers.
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