Rosenblatt Reiterates Buy on Marvell Tech, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann has reiterated a Buy rating on Marvell Technology (NASDAQ:MRVL) and maintained a $100 price target for the company's stock.
November 30, 2023 | 5:21 pm
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POSITIVE IMPACT
Rosenblatt analyst reaffirms a Buy rating on Marvell Technology and keeps a $100 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a prominent analyst, along with the maintenance of a high price target, suggests a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100