Marvell Technology (MRVL) Tops Q4 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Marvell (MRVL) PT Lowered to $13 at BofA/Merrill Lynch on Weak Qtr
February 20, 2015 7:42 AM ESTBofA/Merrill Lynch analyst Vivek Arya reiterated an Underperform rating and lowered its price target on Marvell (NASDAQ: MRVL) to $13.00 (from $14.00) following Q4 miss and lower outlook.
The firm has four main concerns: 1) mobile exit/sales looks unlikely; 2) Mobile presence conversely implies hyper-competition; 3)
CMU... More
FBR Capital Upgrades Marvell (MRVL) to Outperform Amid After-Hours Sell-Off
February 20, 2015 6:19 AM ESTFBR Capital upgraded Marvell (NASDAQ: MRVL) from Market Perform to Outperform with a price target of $21.00 (from $19.00) citing a compelling valuation, setup, and risk/reward ratio following the after-hours sell-off post Q4 results.
Analyst Christopher Rolland commented, "We now estimate a $0.45 (and perhaps $0.50) EPS drag from cellular in 2015, with the optionality of a divestiture or restructuring greatly underappreciated by investors. While CY 4Q14 results and 1Q15 guidance were significantly worse... More
