B. Riley Securities Maintains Buy on Marvell Tech, Raises Price Target to $77
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Craig Ellis maintains a 'Buy' rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $75 to $77.
August 25, 2023 | 1:55 pm
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POSITIVE IMPACT
B. Riley Securities maintains a 'Buy' rating on Marvell Tech and raises the price target from $75 to $77.
The news of B. Riley Securities maintaining a 'Buy' rating and raising the price target for Marvell Tech is directly related to the company and is likely to have a positive impact on its stock price in the short term. Investors may see this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100