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Fly News Breaks for December 7, 2015
MRVL
Dec 7, 2015 | 14:43 EDT
Cowen analyst Timothy Arcuri said Marvell's release of its preliminary Q3 results included no major surprises and he continues to think the company is headed toward a management shakeup and ultimately a break-up, which he contends could drive the stock to double. Arcuri keeps an Outperform rating and $12 price target on Marvell shares.
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