Cantor Fitzgerald Reiterates Overweight on Marvell Tech, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse has reiterated an Overweight rating on Marvell Tech (NASDAQ:MRVL) and maintained a price target of $85.
April 12, 2024 | 1:50 pm
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Cantor Fitzgerald analyst C J Muse reaffirmed an Overweight rating on Marvell Tech, with a price target of $85, indicating a positive outlook on the stock.
The reiteration of an Overweight rating and maintenance of a high price target by a reputable analyst like C J Muse can instill confidence among investors and potentially drive the stock price up in the short term. The specific mention of Marvell Tech and the optimistic price target highlight a strong positive sentiment towards the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100