UPDATE: Deutsche Bank Reiterates on Marvell Technology Group Following Better-Than-Expected F3Q Report
November 22, 2013 at 11:26 AM EST
In a report published Friday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Marvell Technology Group Ltd. (NASDAQ: MRVL ), and raised the price target from $12.00 to $14.00. In the report, Deutsche Bank noted, “MRVL delivered a better-than-expected F3Q, largely driven by Mobile & Wireless and opex