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October 28, 2009 8:56 AM EDT
In the Semi space, an analyst at Roth Capital has downgraded two stocks this morning, each from Buy to Hold:
- NVIDIA (Nasdaq: NVDA) - price target lowered from $18 to $12, and
- Marvell Technology (Nasdaq: MRVL) - price target lowered from $22 to $15
Shares of NVIDIA are down nearly 2% to $12.31 in the pre-market session, while shares of Marvell are down 1% to $14.29. Check out the Semiconductor HOLDRs ETF (NYSE:
SMH) which tracks broad performance within the sector.
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