Citigroup Maintains Buy on Marvell Tech, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $58 to $61.
May 26, 2023 | 10:40 am
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Citigroup analyst Atif Malik maintains a Buy rating on Marvell Tech and raises the price target from $58 to $61.
The news of Citigroup maintaining a Buy rating on Marvell Tech and raising the price target from $58 to $61 indicates a positive outlook for the company's stock. This is likely to have a positive impact on the stock price in the short term as investors may see this as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100