Barclays Maintains Overweight on Marvell Tech, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Overweight rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $55 to $75.
July 20, 2023 | 10:17 am
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Barclays maintains an Overweight rating on Marvell Tech and raises the price target from $55 to $75. This could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Marvell Tech. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100