UPDATE: Stifel Nicolaus Raises PT on Marvell Technology Following Impressive F2Q Report
August 23, 2013 at 09:21 AM EDT
In a report published Friday, Stifel analyst Kevin Cassidy reiterated a Buy rating on Marvell Technology Group Ltd. (NASDAQ: MRVL ), and raised the price target from $12.00 to $14.00. In the report, Stifel noted, “Marvell posted an impressive F2Q, with revenue and gross margin above our and Street estimates
