MRVL is trading at $267.34 (+0.21%) today, stabilizing after a sharp -5.15% close on Friday. - The positive move follows UBS raising its price target on Marvell Technology to $340 from $230 on June 29, maintaining a Buy rating, citing an expanding opportunity in CXL technology. - This comes amid supportive broader tech sentiment, with AI and semiconductor names rebounding from recent selling.
🟢 MRVL Rises 0.2% as UBS Raises Price Target to $340 on Expanding CXL Opportunity
Marvell Technology Group Ltd
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