Marvell Technology (MRVL) Tops Q2 EPS by 1c, Revenues Beat; Offers 3Q Revenue Mid-Point Guidance Below Consensus, Offers 3Q EPS Outlook
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Go back to Marvell Technology (MRVL) Tops Q2 EPS by 1c, Revenues Beat; Offers 3Q Revenue Mid-Point Guidance Below Consensus, Offers 3Q EPS Outlook
August 28, 2020 7:38 AM EDT
Raymond James analyst Chris Caso reiterated a Market Perform rating on Marvell (NASDAQ: MRVL) following the company's 2Q earnings report. July quarter revenue of $727.3 million was up 5% q/q and 11% y/y and came in modestly above the midpoint of guidance.... More
August 28, 2020 7:32 AM EDT
Stifel analyst Tore Svanberg reiterated a Buy rating and $43.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q earnings report. Revenue was $727.3mn vs. the Street estimate of $720.7mn. Non-GAAP EPS was $0.21, +$0.01 above the Street consensus estimate of $0.20.
Svanberg... More
August 27, 2020 5:50 AM EDT
Credit Suisse analyst John Pitzer reinstates coverage on Marvell (NASDAQ: MRVL) with a Outperform rating and a price target of $45.00.
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 $35.80 yesterday.
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