Marvell Announces Dual Port 100Gbps Ethernet Transceiver Fully Compliant to IEEE 802.3bj Standard

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Cowen Says Marvell Technology (MRVL) is Stuck in 'Purgatory' Following Auditor Resignation; Cuts Price Target to $11.50

October 27, 2015 9:47 AM EDT

Cowen maintained an Outperform rating on Marvell (NASDAQ: MRVL), and cut the price target to $11.50 (from $14.00), after PwC, its auditor for at least 15 yrs, has unexpectedly resigned. PwC cited that it would need to expand the scope of the 2016 audit to include areas such as... More