B of A Securities Maintains Buy on Marvell Tech, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya has maintained a Buy rating on Marvell Tech (NASDAQ:MRVL) and increased the price target from $80 to $95.
March 08, 2024 | 11:40 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Marvell Tech and raised the price target from $80 to $95.
The increase in price target from $80 to $95 by a reputable analyst suggests a strong confidence in Marvell Tech's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100