Decoding Marvell Tech's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Marvell Tech (NASDAQ:MRVL) with significant options activity. The focus is on a price range between $60.0 and $75.0. Analysts have mixed ratings, with an average target price of $87.6.
June 10, 2024 | 2:45 pm
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Deep-pocketed investors are showing a bullish sentiment towards Marvell Tech (NASDAQ:MRVL) with significant options activity. The focus is on a price range between $60.0 and $75.0. Analysts have mixed ratings, with an average target price of $87.6.
The significant options activity, with a majority of calls, indicates a bullish sentiment among investors. The average target price from analysts is higher than the current price, suggesting potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100