Deutsche Bank Raises Price Target on Marvell Technology (MRVL)
On May 28, 2026, Deutsche Bank raised its price target for Marvell Technology Group (NASDAQ: MRVL) to $240 from $120 and maintained a Buy rating. The move followed strong Q1 results and an optimistic outlook driven by data center growth and AI-related demand.
Topics: AI Demand Barclays Data Center Stocks Deutsche Bank Jefferies Marvell Technology