MRVL Stock Gains Ahead Of Q2 Earnings – Wall Street Hikes Price Target, Betting On AI Networking Upside
Wall Street expects Marvell to report adjusted earnings of $0.93 per share on revenue of $2.7 billion for the second quarter. Susquehanna raised its price target on Marvell to $265, citing strength in AI networking. Rosenblatt raised its target to $300, citing growth in optical interconnects. Analysts are watching AI networking and custom silicon for … Read more