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Wajeeh Khan

Why This Analyst Thinks Marvell Stock Is Headed for $130 After Custom AI Event

Marvell AI MRVL JPMorgan Harlan Sur Broadcom JPM Nvidia

Marvell (MRVL) shares are up nearly 7% at the time of writing after a JPMorgan analyst issued a positive note in their favor following the company’s Custom AI investor event on Tuesday. 

Analyst Harlan Sur reiterated his “Overweight” rating on the semiconductor giant this morning, saying its shares could climb further to as much as $130 over the next 12 months. 

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