Marvell Technology Stock News

Most analysts slashed their price targets on Marvell Technology Inc (NASDAQ: MRVL ) post Q4 results . Wells Fargo analyst Gary Mobley lowered the price target to $70 from $80 (7.5% upside) and maintained an Equal-Weight following the "respectable" beat and raise quarter. Considering the upbeat results and the pullback in the equity markets & chip sector, Mobley says it is tempting to become more constructive on Marvell but is sticking with his Equal Weight rating. He believes Marvell … Full story available on Benzinga.com

Within the last quarter, Marvell Technology (NASDAQ:MRVL) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 0 2 0 0 L

Friday afternoon''s top analyst upgrades and downgrades included Best Buy, Bright Health, Equitrans Midstream, Knight-Swift Transportation, Marvell Technology, Sea Ltd. and Six Flags Entertainment.

Marvell's (MRVL) Q4 top and bottom lines reflect solid demand for its chip in the data center end market and contributions from all other end markets.

Marvell Technology Inc (NASDAQ: MRVL) is trading relatively flat Friday despite reporting better-than-expected financial results.  Marvell said fourth-quarter revenue increased 68% year-over-year

Marvell Technology Inc (NASDAQ: MRVL ) is trading relatively flat Friday despite reporting better-than-expected financial results. Marvell said fourth-quarter revenue increased 68% year-over-year to $1.343 billion, which beat the $1.32 billion estimate. The company reported quarterly earnings of 50 cents per share, which beat the estimate of 48 cents per share. "Revenue grew in all five of our end markets in the fourth quarter, with strong contributions from cloud, 5G and auto, which together represented 40% of total … Full story available on Benzinga.com

Upgrades According to Susquehanna, the prior rating for Knight-Swift Transportation Holdings Inc (NYSE:KNX) was changed from Neutral to Positive. Knight-Swift earned $1.61 in the fourth quarter, compa

Another week of earnings was overshadowed by the horrible news coming out of Ukraine.

Marvell Technology (MRVL) shares dipped on Friday despite the semiconductor company beating expectations and raising guidance, however, several Wall Street firms came to its…

Deutsche Bank cut the price target on Burlington Stores, Inc. (NYSE: BURL) from $288 to $235. Burlington Stores shares fell 13% to close at $203.12 on Thursday. Raymond James cut Tecnoglass Inc. (

Marvell's (MRVL) Q4 top and bottom lines reflect solid demand for its chip in the data center end market and contributions from all other end markets.

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This article was originally published on TipRanks.com Marvell Technology, Inc. The post Marvell Posts Upbeat Q4 Results, Provides Impressive Projections appeared first on Smarter Analyst .

Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) is up 0.3% at $65.42, after reporting slightly better-than-expected fourth-quarter results.

Another week of earnings was overshadowed by the horrible news coming out of Ukraine.