Marvell Technology Group (NASDAQ: MRVL) was upgraded by JMP Securities from a “market perform” rating to an “outperform” rating in a research note issued on Thursday. The firm currently has a $14.00 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at DeutscheBank reiterated a “buy” rating on shares of Marvell Technology Group in a research note to investors on Tuesday, July 10th. Separately, analysts at Stifel Nicolaus cut their price target on shares of Marvell Technology Group from $18.00 to $16.50 in a research note to investors on Monday, July 9th. They now have a “buy” rating on the stock.
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