Ceva (NASDAQ:CEVA – Get Free Report) had its price objective lowered by investment analysts at Needham & Company LLC from $55.00 to $43.00 in a research report issued to clients and investors on Monday,Benzinga reports. The semiconductor company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. Institutional activity was mixed, although State Street and BlackRock increased their holdings in the latest reported quarter. Institutional activity was mixed, although State Street and BlackRock increased their holdings in the latest reported quarter. Ceva Shares Slip Despite Earnings BeatCeva Company Profile(Get Free Report)Ceva, Inc (NASDAQ: CEVA) is a leading licensor of signal processing IP cores and platforms that enable intelligent, connected devices.