B. Riley raised the firm’s price target on Marvell (MRVL) to $115 from $110 and keeps a Buy rating on the shares following the company’s custom AI investor webcast. The firm believes the update shows a “strong” next-generation AI growth inflection for Marvell.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRVL:
- Marvell, Empower announce collaboration in integrated power delivery solution
- Marvell’s Strategic Expansion and Growth Potential Drive Buy Rating
- Marvell Technology’s Growth Prospects: Buy Rating Backed by Expanding Data Center Market and Custom Silicon Opportunities
- Marvell price target raised to $90 from $80 at BofA
- Marvell’s Promising Growth: Buy Rating Backed by AI Solutions and Market Expansion
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue