BofA and Goldman Sachs Adjust Price Targets for Marvell Stock
Bank of America (BofA) and Goldman Sachs have revised their price targets for Marvell Technology Group's stock following a significant rise in its share price. The company has gained over 135% since March 5, driven by strong Q4 earnings, strategic partnerships with major tech firms like Nvidia and Amazon, and growing demand from the AI sector.
Topics: AI chips BofA Goldman Sachs Marvell Nvidia partnership price targets