Form 8-K MARVELL TECHNOLOGY GROUP For: Oct 20

Go back to Form 8-K MARVELL TECHNOLOGY GROUP For: Oct 20

Citi Downgrades Marvell (MRVL) to Sell

October 28, 2015 7:53 AM EDT

Citi downgraded Marvell (NASDAQ: MRVL) from Neutral to Sell with a price target of $7.00.

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 $8.05 yesterday.

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B. Riley Downgrades Marvell (MRVL) to Sell

October 27, 2015 6:52 AM EDT

B. Riley downgraded Marvell (NASDAQ: MRVL) from Neutral to Sell with a price target of $7.00 (from $10.00).

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 $9.45 yesterday.

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MKM Partners Downgrades Marvell (MRVL) to Neutral

October 27, 2015 6:51 AM EDT

MKM Partners downgraded Marvell (NASDAQ: MRVL) from Buy to Neutral with a price target of $9.00 (from $12.40).

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 $9.45 yesterday.

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Marvell (MRVL) Auditor Resignation a 'Near-Term Negative', RBC Capital Says

October 26, 2015 6:13 PM EDT

RBC Capital analyst Mitch Steves reiterated a Sector Perform rating and cut his price target on Marvell (NASDAQ: MRVL) to $9.00 (from $10.00) after PricewaterhouseCoopers announced that it has resigned as Marvell's public accounting firm.

"We believe the resignation acts as a near-term negative as it... More

Marvell Technology (MRVL) Auditor PwC Resigns

October 26, 2015 4:20 PM EDT

Marvell Technology (NASDAQ: MRVL) said in an SEC filing:

(a) On October 20, 2015, PricewaterhouseCoopers LLP (PwC) advised the Audit Committee of the Board of Directors (the Audit Committee) of Marvell Technology Group Ltd. (the Company) of PwCs resignation as the Companys independent registered public accounting firm, effective on that date. The Audit Committee did not request, recommend or approve the resignation of PwC.

PwCs audit reports on the Companys consolidated financial statements as of and for the fiscal years ended January 31, 2015 and February 1, 2014 did not contain an adverse opinion or a... More