Oppenheimer Reiterates Outperform on Marvell Tech, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Rick Schafer reiterates an Outperform rating on Marvell Tech (NASDAQ:MRVL) and maintains a $70 price target.
May 19, 2023 | 11:33 am
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Oppenheimer analyst reaffirms Outperform rating on Marvell Tech (NASDAQ:MRVL) and keeps $70 price target.
The reaffirmation of the Outperform rating and maintenance of the $70 price target by Oppenheimer analyst Rick Schafer indicates a positive outlook for Marvell Tech's stock. This news is likely to boost investor confidence and potentially drive the stock price up in the short term.
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