UPDATE: Topeka Capital Lowers PT on CEVA Following Preannouncement of Lower 3Q13 Revenue, Higher Expenses

In a report published Thursday, Topeka Capital Markets analyst Suji De Silva reiterated a Buy rating on CEVA (NASDAQ: CEVA ), but lowered the price target from $20.00 to $18.00. In the report, Topeka Capital Markets noted, “CEVA preannounced lower 3Q13 revenue and higher expenses this morning. However, we expect