Jefferies Upgrades Marvell (MRVL) to Buy
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Marvell Technology (MRVL) Climbs 8%, Adding to Recent Gains
November 21, 2017 2:42 PM ESTMarvell Technology (NASDAQ: MRVL) Climbs 8%, Adding to Recent Gains
... MoreMarvell (MRVL) PT Raised to $25 at Northland Capital Markets
November 21, 2017 9:41 AM ESTNorthland Capital Markets raised its price target on Marvell (NASDAQ: MRVL) to $25.00 (from $20.00) while maintaining a Outperform rating following the Cavium deal.
... MoreMarvell (MRVL) PT Raised to $30 at Oppenheimer
November 21, 2017 9:21 AM ESTOppenheimer raised its price target on Marvell (NASDAQ: MRVL) to $30.00 (from $23.00) while maintaining a Outperform rating.
... MoreCavium Networks (CAVM) PT Raised to $85 at Canaccord Genuity Following Announced Agreement with Marvell
November 21, 2017 8:12 AM ESTCanaccord Genuity raised its price target on Cavium Networks (NASDAQ: CAVM) to $85.00 (from $67.00) while maintaining a Hold rating following the company's announced agreement with Marvell.
Marvell will acquire Cavium for $40/share cash and a 2.1757:1 Marvell-for-Cavium share exchange ratio, giving Cavium shareholders roughly 25%... More
Marvell (MRVL) PT Raised to $25 at Needham & Company
November 21, 2017 7:38 AM ESTNeedham & Company raised its price target on Marvell (NASDAQ: MRVL) to $25.00 (from $21.00) while maintaining a Buy rating.
Analyst Quinn Bolton comments "We see the deal as a strong fit for MRVL and a good value for CAVM shareholders."
Cavium Networks (CAVM) PT Raised to $90 at Needham & Company, 'We See Further Upside in CAVM Shares'
November 21, 2017 7:37 AM ESTNeedham & Company raised its price target on Cavium Networks (NASDAQ: CAVM) to $90.00 (from $78.00) while maintaining a Buy rating.
... MoreMarvell (MRVL) PT Raised to $34 at Craig-Hallum
November 21, 2017 7:35 AM ESTCraig-Hallum raised its price target on Marvell (NASDAQ: MRVL) to $34.00 while maintaining a Buy rating.
Analyst Christian Schwab called the Cavium acquisition "spectacular'.
... MoreCavium Networks (CAVM) PT Raised to $90 at Needham & Company
November 21, 2017 6:06 AM ESTNeedham & Company raised its price target on Cavium Networks (NASDAQ: CAVM) to $90.00 (from $78.00) while maintaining a Buy rating after the company agreed to be acquired by Marvell in a cash and stock transaction valued at >$6bn.
... MoreLoop Capital Downgrades Cavium Networks (CAVM) to Hold Following Acquisition
November 21, 2017 5:42 AM ESTLoop Capital downgraded Cavium Networks (NASDAQ: CAVM) from Buy to Hold with a price target of $84.00 (from $81.00).
For an analyst ratings summary and ratings history on Cavium Networks click here. For more ratings news on Cavium Networks click here.
Shares of Cavium Networks closed at $84.02 yesterday.
... MoreMorgan Stanley Downgrades Cavium Networks (CAVM) to Equalweight Following Acquisition
November 21, 2017 5:03 AM ESTMorgan Stanley downgraded Cavium Networks (NASDAQ: CAVM) from Overweight to Equalweight with a price target of $85.00 (from $77.00).
For an analyst ratings summary and ratings history on Cavium Networks click here. For more ratings news on Cavium Networks click here.
Shares of Cavium Networks closed at $84.02 yesterday.
... MoreBarclays Upgrades Marvell (MRVL) to Overweight
November 21, 2017 4:57 AM ESTBarclays upgraded Marvell (NASDAQ: MRVL) from Equalweight to Overweight with a price target of $30.00 (from $20.00).
Analyst Blayne Curtis believes the combination with CAVM creates a powerful force which can now drive earnings growth and multiple expansion.
For an analyst ratings... More
Jefferies Downgrades Cavium Networks (CAVM) to Hold Following The Acquisition
November 21, 2017 4:52 AM ESTJefferies downgraded Cavium Networks (NASDAQ: CAVM) from Buy to Hold with a price target of $94.00 (from $79.00).
For an analyst ratings summary and ratings history on Cavium Networks click here. For more ratings news on Cavium Networks click here.
Shares of Cavium Networks closed at $84.02 yesterday.
... More
