Marvell (MRVL) PT Raised to $125 at Wolfe Research

Wolfe Research analyst Chris Caso raised the price target on Marvell (NASDAQ: MRVL) to $125.00 (from $85.00) while maintaining a Outperform rating.

The analyst comments "MRVL reported F3Q/F4Q mostly inline but provided guidance thru FY28, suggesting nearly $5 earnings power driven by an acceleration in DC revenue. We expect the stock can move higher from current levels as MRVL executes on its opportunities. Reiterate OP, raise PT to $125."

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