Marvell Technology shares are trading higher after Goldman Sachs maintained a Buy rating on the stock and raised its price target from $46 to $60.
Portfolio Pulse from Benzinga Newsdesk
Marvell Technology's stock is trading higher after Goldman Sachs maintained a Buy rating and raised its price target from $46 to $60.
May 30, 2023 | 12:13 pm
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Goldman Sachs maintained a Buy rating on Marvell Technology and raised its price target from $46 to $60, leading to higher stock trading.
Goldman Sachs, a reputable investment bank, maintained a Buy rating on Marvell Technology and raised its price target, signaling confidence in the company's growth prospects. This positive outlook is likely to boost investor sentiment and drive the stock price higher in the short term.
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