UPDATE: Nomura Raises PT on Marvell Technology Following FQ2 Revenue/EPS Report
August 23, 2013 at 09:22 AM EDT
In a report published Friday, Nomura analyst Romit Shah reiterated a Neutral rating on Marvell Technology Group Ltd. (NASDAQ: MRVL ), and raised the price target from $10.00 to $11.00. In the report, Nomura noted, “FQ2 revenue of $807mn and EPS (with stock comp) of $0.15 beat our estimates of
