Barclays maintains Marvell at 'overweight' with a price target of $55.00

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Barclays maintains Marvell at 'overweight' with a price target of $55.00

An analyst from Barclays maintained Marvell (NASDAQ: MRVL ) at 'overweight' with a price target of $55.00 from a prior price target of $45.00.

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 $65.51. They are up 63.73% in the last month and up 10.75% in the last 12 months.

According to Investing Pro, Marvell's fair value is $57.63, a downside of 12.03%. 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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