UPDATE: Topeka Capital Markets Initiates Coverage on Cavium with Hold Rating, $35 PT on Embedded Further Growth Expectations

In a report published Thursday, Topeka Capital Markets analyst Suji De Silva initiated coverage on Cavium (NASDAQ: CAVM ) with a Hold rating and $35.00 price target. In the report, Topeka Capital noted, “We are initiating coverage of Cavium with a Hold rating and a $35.00 price target. We believe