Keybanc Maintains Overweight on Marvell Tech, Raises Price Target to $70
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst John Vinh maintains an Overweight rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $60 to $70.
May 26, 2023 | 8:19 am
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POSITIVE IMPACT
Keybanc analyst John Vinh maintains an Overweight rating on Marvell Tech and raises the price target from $60 to $70.
The news of Keybanc maintaining an Overweight rating on Marvell Tech and raising the price target from $60 to $70 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. The relevance and importance are high as the news directly pertains to Marvell Tech and its stock price. The confidence in the analysis is also high as it is based on the opinion of a professional analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100