B of A Securities Maintains Buy on Marvell Tech, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $51 to $70.
May 26, 2023 | 11:20 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
B of A Securities maintains Buy rating on Marvell Tech and raises price target from $51 to $70.
The raised price target by B of A Securities analyst Vivek Arya indicates a positive outlook for Marvell Tech's stock. This news is likely to have a positive impact on the stock price in the short term as it shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100