Stifel raised the firm’s price target on Marvell (MRVL) to $210 from $140 and keeps a Buy rating on the shares. Nvidia (NVDA) partnership and hyperscaler capex raises reinforce the data center trajectory, says the analyst, who expects Marvell to deliver a beat when the company reports April quarter results.
Meet Samuel – Your Personal Investing Prophet
NVDS: built for a short position on NVDAPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRVL:
- Moderately bullish activity in Marvell with shares up 1.46%
- AI Daily: Trump postpones signing of AI executive order
- Marvell Stock (MRVL) Extends Rally as Citi Raises Forecast by 82% Ahead of Q1 Earnings
- Trump Trade: Quantum computing firms to be awarded $2B by U.S.
- Why Is Invesco QQQ Trust ETF (QQQ) Falling Today, 5/21/2026?