Marvell Technology (MRVL) Tops Q3 EPS by 8c; Issues Mixed Q4 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Wall Street rallies as 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
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- Wall Street rallies as AI optimism reignites and Treasury yields retreat
Brean Capital Raises Price Target on Marvell Technology (MRVL) Following 3Q Beat
November 18, 2016 10:25 AM ESTBrean Capital reiterated a Buy rating on Marvell Technology (NASDAQ: MRVL), and raised the price target to $18.00 (from $16.00), following the company's 3Q earnings report. MRVL reported revenue of $654M versus Consensus estimates of $614M. Revenue growth in the quarter was driven by MRVLs Storage segment, which grew 19% Q/Q due to improved demand for... More
Needham & Company Reiterates Hold on Marvell Technology (MRVL) Following 3Q Report
November 18, 2016 8:36 AM ESTNeedham & Company reiterated a Hold rating on Marvell Technology (NASDAQ: MRVL) following the company's 3Q earnings report. Marvell reported revenue and NG EPS of $654MM/$0.20, well ahead of the high end of guidance. Results benefited from $16MM of storage shipments... More
Susquehanna Upgrades Marvell (MRVL) to Positive
November 18, 2016 7:19 AM ESTSusquehanna upgraded Marvell (NASDAQ: MRVL) from Neutral to Positive.
For an analyst ratings summary and ratings history on Marvell click here. For more ratings news on Marvell click here.
Shares of Marvell closed at $13.36 yesterday.
... MoreMarvell Technology (MRVL) November 13 straddle priced for 9% movement into Q3
November 17, 2016 3:04 PM ESTMarvell Technology (NASDAQ: MRVL) November call option implied volatility of 123, December is at 40; compared to 52-week range of 34 to 63 into Q3.
... More