Analysts Bump up Marvell Technology Price Targets Post Q3 Beat

Analysts Bump up Marvell Technology Price Targets Post Q3 Beat
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Analysts raised their price targets (PT) on Marvell Technology Inc. following Q3 beat and solid Q4 outlook.

KeyBanc analyst John Vinh maintained an Overweight rating and raised the PT from $80 to $95, suggesting a 33.7 percent upside to Thursday’s closing price of $71.03.