Piper Sandler Maintains Overweight on Marvell Tech, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar maintains an Overweight rating on Marvell Tech (MRVL) and raises the price target from $70 to $100.
March 08, 2024 | 12:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Marvell Tech and raises the price target from $70 to $100.
The increase in price target by a reputable analyst firm like Piper Sandler typically signals strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100