Marvell shares slip ~2% after Oppenheimer $425 target
Marvell Technology (MRVL) fell about 2% to $281.34 on Oct. 7 after receiving a $425 price target from Oppenheimer following its investor day.
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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
Marvell shares slip after analysts lift targets on guidance
Marvell shares were down 1.7% to $282.19 as multiple analysts raised price targets following investor-day growth guidance.