Barclays Maintains Overweight on Marvell Tech, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Blayne Curtis maintains an Overweight rating on Marvell Tech (NASDAQ:MRVL) and raises the price target from $75 to $80.
May 31, 2024 | 6:02 pm
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Barclays analyst Blayne Curtis has maintained an Overweight rating on Marvell Tech and increased the price target from $75 to $80.
The increase in the price target from $75 to $80 by a reputable analyst at Barclays is a positive signal for investors, likely leading to a short-term increase in MRVL's stock price.
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