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EZchip Semiconductor Ltd 2.6% Potential Upside Indicated by Chardan Capital Markets

EZchip Semiconductor Ltd with TICKER NASDAQ:EZCH has had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Chardan Capital Markets. EZchip Semiconductor Ltd are listed in the Technology sector within NASDAQ. Chardan Capital Markets have set a target price of 15 USD on its stock. This would indicate that the analyst believes there is a potential upside of 2.6% from the opening price of 14.62 USD. EZchip Semiconductor Ltd NASDAQ:EZCH has a 50 day moving average of 20.02 USD and a 200 day moving average of 21.39 USD. The 1 year high for the stock price is 28.5 USD while the year low stock price is currently 14.3 USD.

 

EZchip Semiconductor Ltd NASDAQ:EZCH is the holding company of EZchip Technologies Ltd. EZchip Technologies Ltd is a fables semiconductor company that is engaged in the development and marketing of Ethernet network processors for networking equipment. EZchip Technologies provides its customers with solutions that scale from 1-gigabit to 100-gigabit per second with a common architecture and software across all products. It designs and produces network processors for high-speed networking equipment, integrating several key functions into a single chip. Furthermore, it develops multi-core processors, intelligent network interface cards and white-box appliances for data-center networking equipment. Networking equipment vendors use EZchip Technologies’ network processors to form the silicon core of networking equipment, such as switches and routers, for voice, video and data integration in a variety of applications.

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