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Fly News Breaks for May 26, 2015
MRVL
May 26, 2015 | 07:09 EDT
As previously reported, Morgan Stanley upgraded Marvell to Overweight from Equal Weight. The firm believes risk/reward is favorable following Friday's sell-off and believes the payoff from new technology could be significant, and if it isn't, investments will come down. Morgan Stanley raised its price target on shares to $17.50 from $15.
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