Wolfe Research Maintains Outperform on Marvell Tech, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Chris Caso maintains an Outperform rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $70 to $90.
March 08, 2024 | 11:29 am
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Wolfe Research raises Marvell Tech's price target from $70 to $90, maintaining an Outperform rating.
The increase in price target by Wolfe Research, a reputable analyst firm, suggests a strong bullish outlook on Marvell Tech. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100