IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims against Marvell Technology Group, Ltd. on Behalf of Investors

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Go back to IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims against Marvell Technology Group, Ltd. on Behalf of Investors

UBS Cuts Price target on Marvell Technology (MRVL) Given Additional Details on Delayed 2Q16 Results

September 14, 2015 9:43 AM EDT

UBS reiterated a Neutral rating on Marvell (NASDAQ: MRVL), and cut the price target to $9.10 (from $14.00) given the release of additional details surrounding the company's delayed 2Q16 results. Marvell published preliminary F2Q16 revenues of $711M that included approximately $50M of revenues primarily related to storage/HDD controllers.

Analyst Stephen Chin... More