Benchmark Maintains Buy on Marvell Tech, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Cody Acree has maintained a Buy rating on Marvell Technology (NASDAQ:MRVL) and increased the price target from $105 to $115.
August 30, 2024 | 3:35 pm
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Benchmark analyst Cody Acree has reiterated a Buy rating for Marvell Technology and increased the price target from $105 to $115, indicating confidence in the company's future performance.
The increase in price target from $105 to $115 by Benchmark suggests a positive outlook for Marvell Technology, likely boosting investor confidence and potentially driving the stock price up in the short term.
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