Marvell Technology Group Ltd. Reports First Quarter of Fiscal 2017 Financial Results
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July 28, 2016 10:10 AM EDT
Brean Capital analyst Mike Burton reiterated a Buy rating and lifted its price target on Marvell (NASDAQ: MRVL) to $15.00 (from $12.50) following Q4 results with better margins in sign.
Burton commented, "Coming off reporting its FY16Q4 (Jan-16Q) last week, Marvell... More
July 28, 2016 8:42 AM EDT
Northland Capital Markets upgraded Marvell (NASDAQ: MRVL) from Market Perform to Outperform with a price target of $16.00.
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 $11.67 yesterday.
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July 27, 2016 4:07 PM EDT
Marvell Technology (NASDAQ: MRVL) reported Q1 EPS of $0.01, $0.06 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $540.8 million versus the consensus estimate of $573.72 million.
Q2 Non-GAAP Diluted EPS are expected to be in the range of $0.10 to $0.12, versus the consensus of... More
