Argus Research Maintains Buy on Marvell Tech, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Jim Kelleher maintains a Buy rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $75 to $95.
March 12, 2024 | 5:04 pm
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Argus Research analyst Jim Kelleher maintains a Buy rating on Marvell Tech and raises the price target from $75 to $95.
The upgrade in the price target by a reputable analyst like Jim Kelleher from Argus Research is a strong positive signal for Marvell Tech. Such endorsements typically lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100