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Fly News Breaks for June 21, 2016
MRVL
Jun 21, 2016 | 07:54 EDT
Cowen said the new CEO appointment at Marvell continues the company's transformation and re-emergence as it represents another major step toward a new direction for the company. The firm said the hire provides Marvell with much needed sales and marketing direction and focus and also adds investor interface. Cowen reiterated its Outperform rating and $15 price target on Marvell shares.
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