Wolf Popper LLP Announces Investigation on Behalf of Investors in Marvell Technology Group Ltd.
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UBS Cuts Price target on Marvell Technology (MRVL) Given Additional Details on Delayed 2Q16 Results
September 14, 2015 9:43 AM EDTUBS reiterated a Neutral rating on Marvell (NASDAQ: MRVL), and cut the price target to $9.10 (from $14.00) given the release of additional details surrounding the company's delayed 2Q16 results. Marvell published preliminary F2Q16 revenues of $711M that included approximately $50M of revenues primarily related to storage/HDD controllers.
Analyst Stephen Chin... More
Marvell's (MRVL) Price Target Reduced to $10 at Deutsche Bank
September 11, 2015 2:24 PM EDTDeutsche Bank maintained a Hold rating on Marvell (NASDAQ: MRVL) and reduced its price target to $10.00 (from $14.00). Earlier Marvell reported disappointing preliminary Q2 results and an audit committee investigation.
Commenting on the news, analyst Ross Seymore said, "MRVL reported preliminary F2Q16 GAAP results and announced an independent investigation of certain F2Q16 rev rec... More
