The Latest Analyst Ratings for Marvell Tech
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Marvell Tech (NASDAQ:MRVL) within the last quarter, with a majority being bullish or somewhat bullish. The average 12-month price target for Marvell Tech, according to 25 analysts, is $68.6, an increase of 25.39% from the previous average price target of $54.71.
August 18, 2023 | 12:00 pm
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Marvell Tech has received mostly bullish ratings from analysts in the last quarter. The average 12-month price target has increased by 25.39% to $68.6.
The majority of analysts have given bullish or somewhat bullish ratings for Marvell Tech in the last quarter. This positive sentiment is reflected in the increased 12-month price target, which suggests that analysts expect the stock price to rise in the future. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100