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 15.61

+0.33 +2.16%
Volume: 9,349,200
Track MRVL

NVDA 13.00

+0.10 +0.78%
Volume: 9,774,517
Track NVDA

SMH 25.35

+0.27 +1.08%
Volume: 7,807,693
Track SMH


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