EZchip (EZCH +1.1%) edges higher after Benchmark lifts its PT for the network processor vendor...

|By:, SA News Editor

EZchip (EZCH +1.1%) edges higher after Benchmark lifts its PT for the network processor vendor to $49. Benchmark expects EZchip's sales to "materially accelerate" in 2H12, bolstered by improving carrier capex and ramping sales of the company's high-end NP-4 processor (already used in Cisco's ASR9000 router) with Ericsson, Huawei, and Tellabs. (yesterday)