Roth Downgrades NVIDIA (NVDA), Marvell (MRVL) to Hold

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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Stocks Mentioned

MRVL 15.28

+0.01 +0.07%
Volume: 9,418,268
Track MRVL

NVDA 12.90

-0.08 -0.62%
Volume: 10,671,206
Track NVDA

SMH 25.08

-0.12 -0.48%
Volume: 10,139,200
Track SMH


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