Marvell (MRVL) Pipeline Remains Strong But Priced In, Morgan Stanley Reiterates Equal Weight
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Oppenheimer Reiterates Outperform Rating on Marvell (MRVL)
August 30, 2019 8:44 AM EDTOppenheimer analyst Rick Schafer reiterated an Outperform rating and $30.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q report. MRVL reported F2Q19 sales/EPS of $657M/$0.16 above consensus of $650M/ $0.15E. F3Q guidance of $660M/$0.17 was below Street at... More
Benchmark Reiterates Buy Rating on Marvell (MRVL)
August 30, 2019 7:04 AM EDTBenchmark analyst Ruben Roy reiterated a Buy rating and $30.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q report. MRVL reported fiscal 2Q results that were slightly ahead of expectations with storage segment revenue stabilizing and operating expense reductions achieving company targets... More
