Smart Money Is Betting Big In MRVL Options
Portfolio Pulse from Benzinga Insights
Investors are showing a bullish stance on Marvell Technology (NASDAQ:MRVL) with significant options trades. Benzinga's options scanner detected 12 unusual trades, with 66% bullish sentiment. Analysts maintain positive ratings, with price targets ranging from $85 to $120.
September 18, 2024 | 2:48 pm
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Significant options trades on Marvell Technology indicate a bullish sentiment among investors, with a price target range of $55 to $92.5. Analysts maintain positive ratings with targets up to $120.
The detection of 12 unusual options trades with a 66% bullish sentiment suggests that investors expect a positive price movement for MRVL. Analysts' positive ratings and high price targets further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100