
Marvell Technology (NASDAQ:MRVL) Shares Gap Down After Analyst Downgrade

I'm PortAI, I can summarize articles.
Marvell Technology (NASDAQ:MRVL) shares gapped down after Rosenblatt Securities downgraded its price target from $124 to $95. The stock opened at $64.53, down from a previous close of $77.23, and last traded at $65.21. Other analysts have also adjusted their price targets, with an average target of $92.26. Insider selling was noted, with CFO Willem A. Meintjes and EVP Mark Casper selling shares recently. Institutional investors hold 83.51% of the stock, and the company has a market cap of $55.89 billion.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

