Marvell shares slip as analysts raise targets after guidance
Marvell Technology shares fell 1.5% to $282.73 on Wednesday after the company forecast adjusted earnings of more than $30 per share and revenue of $70 billion to $90 billion for fiscal 2031. Multiple analysts raised price targets following the guidance, including StoneX’s Cody Acree to $375 from $275 and Oppenheimer’s