Cantor Fitzgerald Maintains Overweight on Marvell Tech, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has maintained an Overweight rating on Marvell Tech (NASDAQ:MRVL) and increased the price target from $80 to $85.
March 08, 2024 | 5:23 pm
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Cantor Fitzgerald has reaffirmed its Overweight rating on Marvell Tech and raised the price target from $80 to $85.
The upgrade in price target by a reputable analyst firm like Cantor Fitzgerald typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100