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EZchip likely to benefit from slowdown of Cisco chassis sales, says Feltl

After Cisco (CSCO) stated that its switching/routing growth would likely be flat to slightly up over the next three to five years. Feitl believes that this development could benefit Ezchip (EZCH). That's because, in order to add more capacity, users must install more line cards in Cisco's chassis, and then add more of EZchip's NPUs to their routers. The firm reiterates a $35 price target and Buy rating on EZchip.