Off sharply yesterday following its Q4 warning, Cavium (CAVM -1.3%) is paring its losses after...

|About: Cavium Networks, Inc. (CAVM)|By:, SA News Editor
Off sharply yesterday following its Q4 warning, Cavium (CAVM -1.3%) is paring its losses after multiple sell-side firms come to its defense. JPMorgan (Overweight) thinks low customer inventories, recent design wins, and improved orders from Cisco set the stage for a Q1 rebound, and Stifel (Buy) asserts Cavium's design wins with major telecom equipment firms position it to outperform its peers when demand returns.