Pre-Open Movers 10/19: (RVBD) (CALL) (SNDK) Higher; (CBLI) (CMG) (ATHN) Lower (more...)
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Deutsche Bank Downgrades Marvell (MRVL) to Hold, Weakness to Continue
October 19, 2012 1:40 PM EDTDeutsche Bank is the latest firm to downgrade Marvell (NASDAQ: MRVL) following the company's lowered third quarter outlook and CFO departure. The firm cut its rating from from Buy to Hold with a price target of $9.00 (from $12.00).
The analyst commented, "While the... More
Credit Suisse Downgrades Marvell (MRVL) to Neutral
October 19, 2012 1:14 PM EDTEarlier, Credit Suisse downgraded Marvell (NASDAQ: MRVL) from Outperform to Neutral with a price target of $8.50 (from $18.00).
Credit Suisse is one of more than a half a dozen firms that downgraded the stock today after lower third quarter guidance and the CFO... More
