Chipmaker Marvell forecasts in-line Q1 revenue, but its shares slump
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Marvell (MRVL) PT Lowered to $90 at CFRA
March 6, 2025 2:48 PM ESTCFRA analyst Angelo Zino lowered the price target on Marvell (NASDAQ: MRVL) to $90.00 (from $130.00) while maintaining a Strong Buy rating.
The analyst comments "We reduce our 12-month target price to $90 from $130, which is based on a lower revised peer... More
Marvell (MRVL) PT Lowered to $100 at Jefferies
March 6, 2025 10:12 AM ESTJefferies analyst Blayne Curtis lowered the price target on Marvell (NASDAQ: MRVL) to $100.00 (from $120.00) while maintaining a Buy rating.
The analyst comments "The modest upside to estimates is clearly a disappointment vs elevated expectations for Trn 2 heading into the print,... More
William Blair Reiterates Outperform Rating on Marvell (MRVL)
March 6, 2025 7:40 AM ESTWilliam Blair analyst Sebastien Naji reiterated an Outperform rating on Marvell (NASDAQ: MRVL).
The analyst comments "AI Momentum Continues. Marvells strong data center performance was driven by continued demand for AI solutions. Marvells AI business as of the fourth quarter is split evenly... More
Marvell (MRVL) PT Lowered to $130 at Barclays
March 6, 2025 5:33 AM ESTBarclays analyst Tom O\'Malley lowered the price target on Marvell (NASDAQ: MRVL) to $130.00 (from $150.00) while maintaining a Overweight rating.
The analyst comments "Solid numbers missed the high watermark set by the rest of the AMZN supply chain. While the company continues to sound good re: the... More
Marvell (MRVL) PT Lowered to $100 at Jefferies
March 6, 2025 5:20 AM ESTJefferies analyst Blayne Curtis lowered the price target on Marvell (NASDAQ: MRVL) to $100.00 (from $120.00) while maintaining a Buy rating.
The analyst comments "The modest upside to estimates is clearly a disappointment vs elevated expectations for Trn 2 heading into the print,... More
