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TD Cowen analyst Joshua Buchalter maintains Marvell Technology (NASDAQ:MRVL) with a Hold and raises the price target from $200 to $225.
Marvell Technology (MRVL) stock fell nearly 6% premarket as investors pull back from high-valuation tech and semiconductor stocks.
Marvell benefits from exponential AI data center growth and leadership in 1.6T optical networking chips. Read more on MRVL stock here.
Marvell Technology (MRVL) jumped over 7% ahead of Q2 earnings. Wall Street expects 87¢ EPS on $2.71B revenue. Here is the outlook.
Marvell Technology is riding a real data center ramp, but a large slice of the reported profit is behind its multiple sits below the operating line.
Marvell Technology (MRVL) closed at $208.61 in the latest trading session, marking a -4.62% move from the prior day.