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Marvell Shares Rise 2.1% as SPDB International Starts Buy Coverage

Marvell shares rose 2.07% to $248.60 at 11:05 a.m. ET on October 28. SPDB International initiated coverage with a Buy rating and a $303 price target, implying roughly 22% upside.

MRVL

Marvell Technology NASDAQ:MRVL has a fresh Wall Street bulland a bigger hurdle to clear. Shares climbed 2.07% to $248.60 at 11:05 a.m. ET on October 28. SPDB International initiated coverage with a Buy rating and a $303 price target, implying roughly 22% upside.

Getting there could take more than e…