Craig-Hallum Maintains Buy on Marvell Tech, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a Buy rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $67 to $88.
March 08, 2024 | 4:19 pm
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Craig-Hallum analyst Christian Schwab maintains a Buy rating on Marvell Tech and raises the price target from $67 to $88.
The increase in price target by a reputable analyst firm like Craig-Hallum suggests a strong bullish outlook on Marvell Tech's stock. 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