tiprankstipranks
Marvell price target lowered to $50 from $55 at Susquehanna
The Fly

Marvell price target lowered to $50 from $55 at Susquehanna

Susquehanna lowered the firm’s price target on Marvell to $50 from $55 and keeps a Positive rating on the shares. The analyst said perhaps the most disappointing update from the earnings call was a pushout of custom hyperscale silicon designs from the $400 million expected this year to just $200 million.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on MRVL:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles