Canaccord Genuity Initiates CEVA At Buy

Canaccord Genuity initiated coverage on

with a Buy rating. The target price for CEVA is set to $27. CEVA shares have gained 23.10% over the past 52 weeks, while the S&P 500 index has surged 12.97% in the same period. CEVA shares climbed 0.07% to $21.44 in after-hours trading.