Stifel raised the firm’s price target on Marvell (MRVL) to $130 from $125 and keeps a Buy rating on the shares. In the Analog, Connectivity, and Processors sector, the firm lists Marvell as one of the most attractive stocks in its coverage due to being a key AI infrastructure beneficiary, the analyst tells investors.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MRVL:
- Marvell price target lowered to $125 from $130 at Stifel
- Craig-Hallum raises ‘Top Idea’ Marvell price target to $149 from $132
- Microsoft says to invest $80B to build out AI-enabled datacenters in FY25
- USTR initiates Section 301 investigation on China’s semiconductor ‘targeting’
- U.S. Probes China’s Legacy Chips to Counter Supply Chain Threats
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
