Rosenblatt Maintains Buy on Marvell Tech, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Marvell Tech and raises the price target from $100 to $120.
August 30, 2024 | 5:50 pm
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Rosenblatt analyst Hans Mosesmann has reiterated a Buy rating for Marvell Tech and increased the price target from $100 to $120, indicating a positive outlook for the stock.
The increase in the price target from $100 to $120 by a reputable analyst suggests a strong positive outlook for Marvell Tech. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100