Goldman Sachs maintains Marvell at 'buy' with a price target of $60.00

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Goldman Sachs maintains Marvell at 'buy' with a price target of $60.00

An analyst from Goldman Sachs maintained Marvell (NASDAQ: MRVL ) at 'buy' with a price target of $60.00 from a prior price target of $46.00.

Prior to this rating, Marvell had 29 buy ratings, 3 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Marvell, click here. For more news on Marvell, click here.

Marvell's stock price closed at $49.47. They are up 28.06% in the last month and down -18.66% in the last 12 months.

According to Investing Pro, Marvell's fair value is $50.73, an upside of 2.56%. Marvell's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Marvell's recent earnings performance and financials here.

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