On Dec 03, major Wall Street analysts update their ratings for $Marvell Technology (MRVL.US)$, with price targets ranging from $110 to $122.
Jefferies analyst Blayne Curtis maintains with a buy rating, and adjusts the target price from $90 to $110.
Evercore analyst Mark Lipacis maintains with a buy rating, and adjusts the target price from $98 to $122.
Stifel analyst Tore Svanberg maintains with a buy rating, and adjusts the target price from $95 to $114.
Craig-Hallum analyst Christian Schwab maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Marvell Technology (MRVL.US)$'s main analysts recently are as follows:
The recommendation to acquire shares ahead of the company's October-end quarterly report is due to an increasingly positive setup. With forecasts suggesting a peak in year-over-year growth, expanding EPS estimates for the next twelve months, and encouraging customer feedback, there is a strong basis for optimism.
Here are the latest investment ratings and price targets for $Marvell Technology (MRVL.US)$ from 4 analysts:
Note:
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