Back to mobile site

CLSA Downgrades Marvell (MRVL) to Underperform

October 19, 2012 7:16 AM EDT
Get Alerts MRVL Hot Sheet
Price: $274.85 -2.09%

Rating Summary:
    50 Buy, 11 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 5 | Down: 11 | New: 26
Join SI Premium – FREE
CLSA downgraded Marvell (NASDAQ: MRVL) from Outperform to Underperform with a price target of $8.40 (from $13.00) after lower third quarter guidance and CFO departure.

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 $8.83 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades