Form 8-K Marvell Technology, Inc. For: Aug 26

Go back to Form 8-K Marvell Technology, Inc. For: Aug 26

Marvell (MRVL) PT Raised to $57 at Cowen

August 27, 2021 7:53 AM EDT

Cowen analyst Karl Ackerman raised the price target on Marvell (NASDAQ: MRVL) to $57.00 (from $55.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "MRVL exceeded initial JulQ expectations on expense management and guided OctQ consistent with Street expectations. The new reporting... More

Marvell (MRVL) PT Raised to $74 at Stifel

August 27, 2021 6:42 AM EDT

Stifel analyst Tore Svanberg raised the price target on Marvell (NASDAQ: MRVL) to $74.00 (from $70.00) while maintaining a Buy rating following earnings. The analyst highlighted:

Reports nice beat & raise, with record NG GMs of 64.8% and record NG OMs of 30.8%, on broad-based strength... More