Marvell Technology Inc (MRVL) experiences 1.96% increase in stock price, maintains strong buy recommendation from analysts

Marvell Technology Inc (MRVL) Increases by 1.96%

Marvell Technology Inc (MRVL) experienced a 1.96% increase in its stock during pre-market trading on Wednesday morning, bringing the price to 69.6. The short-term technical score for MRVL is 67, indicating that the stock has been trading more bullishly than 67% of other stocks in the market over the past month. Over the past month, MRVL has experienced a 1.01% increase, closing at $67.54 on February 28. The stock’s price during this time period has ranged from $65.06 to $85.76.

Analysts have given MRVL an average recommendation of Strong Buy, with an average price target of $87.78. With an Overall Score of 50, MRVL’s performance and ranking can be better understood. To learn more about Marvell Technology Inc and its rankings, further information is available. In the Semiconductors industry, which is ranked 85 out of 146 industries, MRVL is ranked higher than 74% of stocks.

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