Susquehanna option strategist Alison Edwards notes bullish options activity in Marvell Technology Group (NASDAQ: MRVL), as an investor purchased 5000 March 16 Calls today ahead of this week's analyst meeting.

Earlier today, Citi analyst Atif Malik raised his price target on the shares to $14.50, while maintaining his Sell rating, noting managements positive execution.Marvell Technology (NASDAQ: MRVL)

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Marvell Technology (MRVL) Attempts Red-to Green Reversal Following Additional Purchase of 17,500 Mar 16 CallsMarch 6, 2017 3:53 PM Marvell (MRVL) PT Raised to $14.50 at Citi on New Management ExecutionMarch 6, 2017 8:30 AM Marvell Technology Group (MRVL) PT Raised to $21 at UBS Following Strong Report; Potential for Multiple ExpansionMarch 3, 2017 9:13 AM Needham & Company Remains Sidelined on Marvell Technology (MRVL) Following 4Q March 3, 2017 7:58 AM Cowen Reiterates Outperform Rating and $20 PT on Marvell (MRVL) Following 4Q EPS BeatMarch 3, 2017 6:09 AM Marvell (MRVL) PT Raised to $17 at Morgan StanleyMarch 3, 2017 3:46 AM