B. Riley Securities Maintains Buy on Marvell Tech, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Marvell Tech (NASDAQ:MRVL) and raised the price target from $95 to $100.
May 31, 2024 | 1:08 pm
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B. Riley Securities has maintained its Buy rating on Marvell Tech and raised the price target from $95 to $100, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst firm like B. Riley Securities suggest positive sentiment and confidence in Marvell Tech's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100