Marvell Technology Group (MRVL) Tops Q4 EPS by 6c; Guides Above the Street
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Goldman Maintains Neutral on Marvell (MRVL), Notes Increasing Competition
February 22, 2013 11:01 AM ESTGoldman Sachs today maintained a Neutral rating on Marvell (NASDAQ: MRVL) and raised its price target to $10.50 (from $9.50). Yesterday Marvell reported Q4 results and guidance that pleased investors.
Commenting on the developments, analyst James Schneider said, "Marvell delivered a strong quarter and... More
Jefferies Bumps PT, Trims Est. on Marvell (MRVL) After Q4
February 22, 2013 9:22 AM ESTJefferies lifted its price target on Marvell (NASDAQ: MRVL) from $8 to $10 following results, but kept its Hold rating.
The analyst commented, "MRVL exceeded Jan-13Q revenue and EPS expectations, driven primarily by higher-than-expected mobile and storage demand, and guided AprQ revenues... More
Craig-Hallum Upgrades Marvell (MRVL) to Buy
February 22, 2013 8:08 AM ESTCraig-Hallum upgraded Marvell (NASDAQ: MRVL) from Hold to Buy with a price target of $12.00 (from $10.00).
For an analyst ratings summary and ratings history on Marvell click here. For more ratings news on Marvell click here.
Shares of Marvell closed at $9.47 yesterday, with a 52 week range of $6.98-$16.35.... More
