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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100