Stifel Maintains Buy on Marvell Tech, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $86 to $90.
May 31, 2024 | 1:25 pm
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POSITIVE IMPACT
Stifel analyst Tore Svanberg maintains a Buy rating on Marvell Tech and raises the price target from $86 to $90, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst suggest positive sentiment and potential for stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100