Barclays Maintains Overweight on Marvell Tech, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Overweight rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $45 to $55.
May 26, 2023 | 10:44 am
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Barclays analyst Blayne Curtis maintains an Overweight rating on Marvell Tech and raises the price target from $45 to $55.
The raised price target by Barclays analyst Blayne Curtis indicates a positive outlook for Marvell Tech's stock price in the short term. The Overweight rating suggests that the stock is expected to outperform its peers, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100