Craig-Hallum Upgrades Marvell (MRVL) to Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P on track for muted open as Middle East tensions weigh; AI stocks boost Nasdaq
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
- L3Harris CEO steps down amid conduct review, shares drop
- Reddit leads social media platforms in revenue growth per user
- Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
- Fulcrum Therapeutics to merge with Slate Medicines in all-stock deal
- Piper Sandler Starts SoFi Technologies (SOFI) at Overweight
Marvell (MRVL) PT Raised to $66 at Cowen
October 7, 2021 8:25 AM EDTCowen analyst Karl Ackerman raised the price target on Marvell (NASDAQ: MRVL) to $66.00 (from $57.00) while maintaining a Market Perform rating.
The analyst commented, "While the financial model was in-line with our preview, the real story here is that Marvell has transformed its portfolio... More
Marvell (MRVL) Stock Surges on Upgrade to Buy at Craig-Hallum, Gets a New Street-high at Rosenblatt Following Bullish Analyst Day
October 7, 2021 8:18 AM EDTShares of Marvell Technology (NASDAQ: MRVL) are up a further 2.5% in pre-open Thursday after closing 7.34% higher yesterday.
Investors have backed the company after a positive 2021 Analyst Day, with Street analysts raising price targets to reflect higher estimates.
Craig-Hallum analyst Christian Schwab upgraded Marvell from Hold to Buy with a price target of $85.00.
The companys strength across these leading growth markets drove a raised targeted long-term revenue growth rate of 15%-20%, up from a 10%-15% target a year ago and 12%-16% most recently including the acquisition of Inphi. Marvell is... More
Marvell (MRVL) PT Raised to $82 at Jefferies
October 7, 2021 7:49 AM EDTJefferies analyst Mark Lipacis raised the price target on Marvell (NASDAQ: MRVL) to $82.00 (from $78.00) while maintaining a Buy rating.
The analyst commented, "Based on the new target model articulated at MRVL's analyst day, we estimate CY 2024 and 2026 EPS power of $3.11 and $4.51. With... More
