Oppenheimer Reiterates Outperform on Marvell Tech, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer reiterates an Outperform rating on Marvell Tech (MRVL) and raises the price target from $70 to $80.
February 29, 2024 | 3:43 pm
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Oppenheimer analyst Rick Schafer reiterates an Outperform rating on Marvell Tech and raises the price target from $70 to $80.
The increase in price target by a reputable analyst like Rick Schafer suggests a strong bullish sentiment towards Marvell Tech. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100