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Marvell's (MRVL) Announcement Described One of Most 'Cryptic' in 20yrs - Cowen

September 11, 2015 3:20 PM EDT

Cowen maintained an Outperform rating on Marvell (NASDAQ: MRVL) but cut its price target to $14.00 (from $16.00). Analyst Timothy Arcuri said the company's press release related to accounting issues was "one of the most cryptic releases we have seen in 20yrs on the sell... More

Wolfe Research Remains Bearish on Zumiez, Inc. (ZUMZ) Following 2Q15 Results

September 11, 2015 2:09 PM EDT

Wolfe Research maintained an Underperform rating on Zumiez, Inc. (NASDAQ: ZUMZ), and cuts price target on price target to $16.00 (from $21.00), following the company's 2Q15 earnings results. ZUMZ reported EPS of $0.12, slightly above the Consensus of $0.11. 3Q trends are well off plan, leading to lowered... More

RBC Capital Cuts Price Target on Marvell Technology (MRVL) to $9 Following 1Q16 Preliminary Results

September 11, 2015 10:51 AM EDT

RBC Capital maintained a Sector Perform rating on Marvell (NASDAQ: MRVL), and cut the price target to $9.00 (from $13.00), following announced preliminary financial results for 1Q16. Analyst Mitch Steves said that the results suggests incremental softness from a demand perspective.

Steves commented,... More

Needham & Company Downgrades Marvell (MRVL) to Hold

September 11, 2015 9:06 AM EDT

Needham & Company downgraded Marvell (NASDAQ: MRVL) from Buy to Hold amid the audit committee investigation.

Analyst N. Quinn Bolton commented, "When Marvell delayed the release of its F2Q16 results three weeks ago, we were hopeful the delay was a sign the... More