Needham Reiterates Buy on Marvell Tech, Maintains $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton reiterated a Buy rating on Marvell Tech (NASDAQ:MRVL) and maintained a $95 price target.
April 12, 2024 | 8:32 am
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Needham analyst Quinn Bolton reiterated a Buy rating on Marvell Tech and maintained a $95 price target.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst like Quinn Bolton suggests a strong bullish sentiment towards Marvell Tech. This endorsement is likely to positively influence investor perception and could lead to a short-term uptick in MRVL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100