The Latest Breaking News from Marvell

Two analysts re-rated Marvell Technology Inc (NASDAQ: MRVL) today.

Barclays has decided to maintain its Overweight rating of Marvell Tech (NASDAQ:MRVL) and lower its price target from $90.00 to $80.00. Shares of Marvell Tech are trading up 1.7% over the last 24 hours, at $59.44 per share. A move to $80.00 would account for a 34.6% increase from the…

Despite supply chain challenges, an analyst at KeyBanc Capital Markets said he is constructive on the semiconductor cycle. Here's why. 

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…

Marvell Technology Inc (NASDAQ: MRVL) is trading relatively flat Friday despite reporting better-than-expected financial results. 

Rising demand for advanced semiconductor chips, rising government and corporate investments, and technological breakthroughs in the chipmaking process make the semiconductor industry’s prospects bright. Also, because an increase in production will likely ease the global chip shortage later this year, prominent chip makers Qualcomm (QCOM) and Marvell Technology (MRVL) are…

With the markets falling further into correction territory, Jim Cramer decided to start adding to some of the positions in his Charitable Trust. "We are making a number of buys on the dip," Cramer said Friday morning in a letter to members of CNBC's "Investing Club."