Citi Downgrades Marvell (MRVL) to Neutral

September 13, 2012 7:14 AM EDT Send to a Friend
Get Alerts MRVL Hot Sheet
Price: $11.43 +1.15%

Rating Summary:
    11 Buy, 22 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Citi downgraded Marvell (NASDAQ: MRVL) from Buy to Neutral. Citing a weak PC outlook after Asian checks. They see PC unit growth falling 1%.

For an analyst ratings summary and ratings history on Marvell click here. For more ratings news on Marvell click here.

Shares of Marvell closed at $10.25 yesterday, with a 52 week range of $9.98-$16.86.


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