B. Riley Securities Reiterates Buy on Marvell Tech, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Craig Ellis has reiterated a Buy rating on Marvell Tech (NASDAQ:MRVL) and increased the price target from $85 to $95.
March 04, 2024 | 2:08 pm
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B. Riley Securities has reiterated a Buy rating on Marvell Tech and raised the price target from $85 to $95.
The reiteration of a Buy rating combined with an increased price target usually signals strong confidence in the company's future performance. This can lead to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100