Marvell Technology (MRVL) Reports In-Line Q3 EPS; Offers 4Q EPS/Revenue Guidance

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Go back to Marvell Technology (MRVL) Reports In-Line Q3 EPS; Offers 4Q EPS/Revenue Guidance

Marvell Technology (MRVL) Declares $0.06 Quarterly Dividend; 0.5% Yield

December 2, 2020 4:19 PM EST

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

The dividend will be payable on January 14, 2021, to stockholders of record on December 23, 2020, with an ex-dividend date of December 22, 2020.

The annual yield on the dividend is 0.5 percent.

For... More

Marvell (MRVL) PT Raised to $54 at Susquehanna

December 1, 2020 7:38 AM EST

Susquehanna analyst Christopher Rolland raised the price target on Marvell (NASDAQ: MRVL) to $54.00 (from $50.00) while maintaining a Positive rating.

The analyst commented, "Improving read-throughs across Storage and Networking customers/OEMs point to a solid backdrop of demand. That said, super-seasonal... More

UPDATE: Marvell (MRVL) PT Raised to $52 at Stifel Ahead of October Earnings

December 1, 2020 4:51 AM EST

(Updated - December 1, 2020 7:36 AM EST)

Stifel analyst Tore Svanberg raised the price target on Marvell (NASDAQ: MRVL) to $52.00 (from $50.00) on the expectations for a meet or beat quarter. Predictions for the quarter include F3Q21 results in line or potentially slightly above... More