Needham Reiterates Buy on Marvell Tech, Maintains $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a Buy rating on Marvell Technology (NASDAQ:MRVL) and maintained a price target of $95.
August 30, 2024 | 9:29 am
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Needham analyst Quinn Bolton has reiterated a Buy rating on Marvell Technology, maintaining a price target of $95. This suggests confidence in the company's future performance and potential stock price appreciation.
The reiteration of a Buy rating and maintenance of a $95 price target by a reputable analyst like Quinn Bolton from Needham indicates a positive outlook for Marvell Technology. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100