Barclays Raises Marvell Stock Price Target Following Strong Earnings Report
Following strong Q1 earnings and an upward revision of its outlook, Barclays analyst Tom O'Malley raised his price target for Marvell Technology (MRVL) from $150 to $275. The company reported record revenue with 9% sequential growth in the quarter and expects continued acceleration through FY2027.
Topics: Barclays Earnings Marvell Technology Stock Price Target