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Barclays Keeps Their Buy Rating on Marvell (MRVL)

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Barclays analyst Thomas O’Malley maintained a Buy rating on Marvell (MRVL) with a $320 price target, noting the stock closed at $287.01. O’Malley is a top-ranked analyst. Meanwhile, Craig-Hallum also issued a Buy rating, while Cantor Fitzgerald kept a Hold rating on Marvell.

Barclays analyst Thomas O’Malley maintained a Buy rating on Marvell on October 6 and set a price target of $320.00. The company’s shares closed yesterday at $287.01.

According to TipRanks, O’Malley is a top 100 analyst with an average return of 45.0% and a 65.11% success rate. O’Malley covers the Technology sector, focusing on stocks such as Marvell, Nvidia, and ON Semiconductor.

In addition to Barclays, Marvell also received a Buy from Craig-Hallum’s Christian Schwab in a report issued yesterday. However, on the same day, Cantor Fitzgerald maintained a Hold rating on Marvell (NASDAQ: MRVL).

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