Marvell (MRVL) PT Lowered to $22 at Susquehanna
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Marvell (MRVL) PT Lowered to $19 at Morgan Stanley
February 7, 2019 6:46 AM ESTMorgan Stanley analyst Joseph Moore lowered the price target on Marvell (NASDAQ: MRVL) to $19.00 (from $20.00) while maintaining a Equalweight rating.
... MoreMarvell (MRVL) PT Lowered to $23 at UBS
February 7, 2019 6:24 AM ESTUBS analyst Timothy Arcuri lowered the price target on Marvell (NASDAQ: MRVL) to $23.00 (from $25.00) while maintaining a Neutral rating.
... MoreMarvell (MRVL) PT Lowered to $25 at B.Riley/FBR
February 7, 2019 5:16 AM ESTB.Riley/FBR analyst Craig Ellis lowered the price target on Marvell (NASDAQ: MRVL) to $25.00 (from $26.00) while maintaining a Buy rating.
... MoreMarvell (MRVL) PT Lowered to $23 at Piper Jaffray
February 7, 2019 5:14 AM ESTPiper Jaffray analyst Harsh Kumar lowered the price target on Marvell (NASDAQ: MRVL) to $23.00 (from $28.00) while maintaining a Overweight rating.
... MoreMarvell (MRVL) PT Lowered to $21 at Deutsche Bank
February 7, 2019 5:06 AM ESTDeutsche Bank analyst Ross Seymore lowered the price target on Marvell (NASDAQ: MRVL) to $21.00 (from $22.00) while maintaining a Buy rating.
... MoreMarvell Technology (MRVL) Issues Warning on Q4 Revenue
February 6, 2019 4:32 PM ESTMarvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced an estimated revenue range for its fourth quarter of fiscal 2019, which ended on February 2, 2019.
Marvell now expects its fourth-quarter fiscal 2019 preliminary unaudited revenue to be in the range of $735 million to $745 million, below its previously announced guidance range of $790 million to $830 million.
(Street sees Q4 revenue of $810.41 million)
The majority of Marvell's fourth-quarter revenue shortfall was due to a weaker than expected storage controller business. Marvell believes that demand for its products was impacted primarily by... More
