NXP to acquire Marvell’s WiFi and Bluetooth Connectivity Assets

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Go back to NXP to acquire Marvell’s WiFi and Bluetooth Connectivity Assets

Marvell (MRVL) PT Raised to $28 at Rosenblatt

May 31, 2019 7:07 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on Marvell (NASDAQ: MRVL) to $28.00 (from $24.00) while maintaining a Buy rating following the company's April quarter results. For the April quarter, Marvell delivered sales of $662.5 million, above the consensus of $651.0 million. Revenue was driven by higher... More