Marvell Technology (MRVL) Secures Chinese Regulatory Approval for Cavium (CAVM) Acquisition

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Marvell Technology (MRVL) Declares $0.06 Quarterly Dividend; 1.1% Yield

June 28, 2018 4:05 PM EDT

Marvell Technology (NASDAQ: MRVL) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on July 31, 2018, to stockholders of record on July 9, 2018, with an ex-dividend date of July 6, 2018.

The annual yield on the dividend is 1.1 percent.

For... More

Evercore ISI Starts Marvell (MRVL) at Outperform

June 26, 2018 6:04 PM EDT

Evercore ISI initiates coverage on Marvell (NASDAQ: MRVL) with a Outperform rating and a price target of $27.00.

Analyst C.J. Muse commented, "We are initiating coverage of MRVL with an Outperform rating and $27 price target, representing ~30+% upside. We see the... More

Deutsche Bank Upgrades Marvell (MRVL) to Buy; Compelling Risk/Reward

June 26, 2018 5:46 PM EDT

Deutsche Bank upgraded Marvell (NASDAQ: MRVL) from Hold to Buy with a price target of $24.00, citing compelling risk/reward.

Analyst Ross Seymore commented, "We are upgrading MRVL from a Hold to a Buy rating as after the recent pullback we see 2/1 upside/downside from the current level. To the... More