Susquehanna Maintains Positive on Marvell Tech, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Positive rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $80 to $95.

March 08, 2024 | 1:01 pm
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POSITIVE IMPACT
Susquehanna analyst Christopher Rolland maintains a Positive rating on Marvell Tech and raises the price target from $80 to $95.
The increase in price target by a reputable analyst firm like Susquehanna, coupled with the maintenance of a Positive rating, is likely to instill confidence among investors and could lead to a short-term uptick in Marvell Tech's stock price. Analyst ratings and price target adjustments are significant indicators for the market, often influencing investor sentiment and stock performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100