Marvell in focus as Citi adds 30-day catalyst watch
I'm PortAI, I can summarize articles.
Citi has added a 30-day catalyst watch on Marvell (MRVL) ahead of the CES technology conference, causing shares to rise 3.4%. Analyst Atif Malik believes concerns about competition and opportunities are misguided, viewing the post-earnings dip as a buying opportunity. Malik expects Marvell to benefit from growing networking adoption and has a Buy rating with a $114 price target.
Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments