Marvell (MRVL) PT Raised to $72 at UBS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Marvell Technology (MRVL) Files $1.23B Mixed Shelf
August 30, 2021 5:51 AM EDTMarvell Technology (NASDAQ: MRVL) files up to 1,232,259,000 mixed shelf offering of debt securities, warrants, common stock and units.
... MoreMarvell (MRVL) Falls on a Weak FQ3 Outlook, Craig-Hallum Downgrades to 'Hold' While Others Remain More Positive
August 27, 2021 10:18 AM EDTShares of Marvell Technology (NASDAQ: MRVL) are down almost 4% today after the company delivered slightly weaker-than-expected FQ3 results.
Marvell reported Q2 EPS of $0.34 to beat the analyst estimate of $0.31. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.07 billion.
Growth was driven by the data center, which now represents Marvell's largest end market at 40 percent of total revenue, benefiting from our growing momentum in the fast-growing cloud infrastructure market," said Matt Murphy, Marvells President and CEO.
Marvell Technology projects Q3 EPS of $0.35-$0.41, with the... More
Marvell (MRVL) PT Raised to $57 at Cowen
August 27, 2021 7:53 AM EDTCowen 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
