Oppenheimer Reiterates Outperform on Marvell Tech, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on Marvell Technology (NASDAQ:MRVL) and raised the price target from $80 to $90.
May 31, 2024 | 2:41 pm
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Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on Marvell Technology and raised the price target from $80 to $90.
The reiteration of an Outperform rating and the increase in the price target from $80 to $90 by a reputable analyst is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100