Deutsche Bank Maintains Buy on Marvell Tech, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Ross Seymore maintains a Buy rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $50 to $65.
May 26, 2023 | 9:17 am
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Deutsche Bank maintains a Buy rating on Marvell Tech and raises the price target from $50 to $65.
The news of Deutsche Bank maintaining a Buy rating on Marvell Tech and raising the price target from $50 to $65 is positive for the company. This indicates that the analyst believes the stock has potential for further growth, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100