TD Cowen Maintains Outperform on Marvell Tech, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Karl Ackerman maintains an Outperform rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $75 to $90.
March 08, 2024 | 5:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
TD Cowen analyst Karl Ackerman maintains an Outperform rating on Marvell Tech and raises the price target from $75 to $90.
The increase in price target by TD Cowen, along with the maintenance of an Outperform rating, suggests a strong bullish sentiment towards Marvell Tech. This is likely to positively influence investor perception and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100