Stifel Reiterates Buy on Marvell Tech, Maintains $65 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Tore Svanberg reiterates a Buy rating on Marvell Tech (NASDAQ:MRVL) and maintains a $65 price target.
June 21, 2023 | 1:44 pm
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Stifel analyst Tore Svanberg reiterates a Buy rating on Marvell Tech (NASDAQ:MRVL) and maintains a $65 price target.
The reiteration of a Buy rating and maintenance of a $65 price target by Stifel analyst Tore Svanberg 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 reaffirms the confidence of the analyst in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100