Zoran Corporation's (ZRAN) revenues in the last few quarters were disappointing, with several sectors being influenced by the poor economic environment.The company's guidance for a significant slowdown in business activity was well below the analyst consensus. Cash flow is positive, excluding acquisitions, and total cash should provide a buffer to further declines in stock price.Our price target remains at $15.00 and our recommendation is a BUY. Zoran Corp. is a leading provider of digital solutions for applications in the growing digital entertainment and digital imaging markets.Read the full analyst report on ZRAN "ZRAN" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research