B. Riley Securities Upgrades Marvell Tech to Buy, Raises Price Target to $75
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities has upgraded Marvell Tech (NASDAQ:MRVL) from Neutral to Buy and raised the price target from $60 to $75.
August 18, 2023 | 9:23 am
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Marvell Tech has been upgraded from Neutral to Buy by B. Riley Securities, with a raised price target from $60 to $75.
The upgrade from Neutral to Buy indicates a positive outlook for Marvell Tech by B. Riley Securities. The raised price target from $60 to $75 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100