Medicis (MRX) (MN) (CAVM) (FTNT) (GLCH) (CEVA) Ratings, Price Targets

Medicis Pharmaceuticals (NYSE: MRX), Manning & Napier Inc. (NYSE: MN), Cavium Networks, Inc. (NASDAQ: CAVM), Fortinet, Inc. (NASDAQ: FTNT), Gleacher & Company, Inc. (NASDAQ: GLCH) and Ceva Inc. (NASDAQ: CEVA) ratings and price targets.

Stifel Nicolaus initiated coverage on Manning & Napier Inc. (MN). They placed a “Buy” rating and a price target of $15.00 on the company.

Cavium Networks, Inc. (CAVM) had its “Perform” rating reiterated by Oppenheimer.

Medicis Pharmaceuticals (MRX) had its price target lowered by Goldman Sachs (NYSE:GS) to $38.00.

Fortinet, Inc. (FTNT) was downgraded by Zacks Investment Research from an “Outperform” rating to a “Neutral” rating.

Gleacher & Company, Inc. (GLCH) was downgraded by Zacks Investment Research from a “Neutral” rating to an “Underperform” rating.

Ceva Inc. (CEVA) was upgraded by Zacks Investment Research from a “Neutral” rating to an “Outperform” rating.