Marvell Technology Stock Has 24% Upside, According to 1 Wall Street Analyst
MRVLMarvell Technology(MRVL) The Motley Fool·2024-04-10 02:23

Investors have high expectations for this leading data center supplier. Share prices of Marvell Technology (MRVL 1.18%) surged to new highs this year, as investors anticipate strong artificial intelligence (AI) demand boosting the company's data center solutions business. Earlier this week, KeyBanc analysts maintained their overweight (buy) rating on the shares but reduced their price target from 95to95 to 90 after noting the potential for product delays to negatively impact the company's growth this year. Th ...