Citi Downgrades Marvell (MRVL) to Sell
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UBS Downgrades Marvell (MRVL) to Sell
October 27, 2015 7:46 AM EDTUBS downgraded Marvell (NASDAQ: MRVL) from Neutral to Sell with a price target of $6.00 (from $9.10) on increased SSD, WiFi and audit concerns.
Analyst Stephen Chin commented, "We have a Sell rating on Marvell as we believe there could be lower sales in its Solid State Drive (SSD) controllers... More
B. Riley Downgrades Marvell (MRVL) to Sell
October 27, 2015 6:52 AM EDTB. 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.
... MoreMKM Partners Downgrades Marvell (MRVL) to Neutral
October 27, 2015 6:51 AM EDTMKM 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.
... MoreMarvell Technology (MRVL) Auditor PwC Resigns
October 26, 2015 4:20 PM EDTMarvell 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
