Harlan Sur analyst at J.P. Morgan reiterates coverage on Marvell (MRVL) in the Technology sector with a Buy rating. TipRanks.com has Sur rated as a 4.9 star analyst with a 63% return on investment and a 18.7% success rate. Sur has set a price target of $ 100.
TipRanks.com reports that Marvell currently has 18 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $85.11. The target pricing ranges from a high forecast of $125.00 down to a low forecast of $62.00. Marvell (MRVL)’s last closing price was $54.2 which would put the average price target at 57.03% upside.
In addition, TradingView issued a Sell rating for MRVL over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on MRVL.
Other analysts covering MRVL include:
- Chris Caso of Raymond James issued a Buy rating with the price target of $ 80 on 2 weeks ago
- Karl Ackerman of Cowen & Co. issued a Buy rating with the price target of $ 85 on 2 weeks ago
- Vivek Arya of Bank of America Securities issued a Buy rating with the price target of $ 90 on 2 weeks ago
- John Vinh of KeyBanc issued a Buy rating with the price target of $ 90 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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