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Credit Suisse upgrades Marvell Technology Group to Outperform

Oct. 12, 2016 2:03 PM ETMarvell Technology, Inc. (MRVL) StockMRVLBy: Eric McCaffrey, SA News Editor
  • Price target raised from $13.50 to $17.50 (current price $12.90).
  • Analyst John Pitzer is positive on management, upside to conservative guidance, valuation and the likelihood of share buybacks.
  • Previously rated Marvell Technology Group (MRVL +0.4%) at Neutral.

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