Where Marvell Tech Stands With Analysts
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) has received positive analyst ratings in the last quarter, with 7 bullish, 2 somewhat bullish, and 1 indifferent rating. No somewhat bearish or bearish ratings were reported. Over the past three months, 10 analysts have set a 12-month price target for MRVL, with an average target of $75.7, a high of $100.00, and a low of $60.00. The average price target has increased by 10.35% over the past month. Analysts typically review stocks quarterly or after major company updates, considering financial performance and future earnings potential.

November 14, 2023 | 2:00 pm
News sentiment analysis
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POSITIVE IMPACT
Marvell Tech has received overwhelmingly positive ratings from analysts, with a significant majority being bullish and an increased average price target over the past month.
The positive analyst ratings and the increase in the average price target suggest a strong bullish sentiment towards MRVL. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100