Where Marvell Tech Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Marvell Tech (NASDAQ:MRVL) received 13 bullish, 16 somewhat bullish, and 1 indifferent analyst ratings. The company's average 12-month price target is $63.33, up 9.74% from the previous average of $57.71.
May 26, 2023 | 1:03 pm
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POSITIVE IMPACT
Marvell Tech has received positive analyst ratings, with an average 12-month price target of $63.33, up 9.74% from the previous average.
The majority of analyst ratings for Marvell Tech are bullish or somewhat bullish, indicating a positive outlook for the stock. The average 12-month price target has increased by 9.74%, suggesting that analysts expect the stock price to rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100