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

Marvell price target lowered to $50 from $55 at TD Cowen

TD Cowen analyst Matthew Ramsay lowered the firm’s price target on Marvell to $50 from $55 and keeps an Outperform rating on the shares. The analyst said its in-line print after last quarter’s big guidance cut, was overshadowed by another guide down as Marvell’s inventory correction continues.

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