.png "Marvell (NASDAQ: MRVL)")
BMO Capital analyst Ambrish Srivastava maintained a Hold rating on Marvell (NASDAQ: MRVL) today and set a price target of $24. The company’s shares opened today at $20.90.
According to TipRanks.com, Srivastava is a 4-star analyst with an average return of 11.9% and a 73.8% success rate. Srivastava covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and Maxim Integrated.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marvell with a $28.08 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $25.18 and a one-year low of $17.20. Currently, Marvell has an average volume of 8.98M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Marvell Technology Group Ltd. engages in the business of providing semiconductors to high-performance application-specific standard products. It focuses on the development of complex System-on-a-Chip devices leveraging extensive technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing, and embedded and stand alone integrated circuits. The company’s product portfolio includes devices for data storage, enterprise-class Ethernet data switching, Ethernet physical-layer transceivers, mobile handsets, connectivity and other consumer electronics. Marvell Technology Group was founded by Sehat Sutardja, Weili Dai, and Pantas Sutardja in January 1995 and is headquartered in Hamilton, Bermuda.
