Fly News Breaks for March 13, 2017
MRVL
Mar 13, 2017 | 08:13 EDT
UBS analyst Stephen Chin said Marvell is one of the least expensive names in the semiconductor space based on valuation. The analyst attended the company's first ever analyst meeting and now sees a solid path to long term sales growth of over 6%, citing its new products in storage and cloud sales in its networking segment. Chin reiterated his Buy rating and $21 price target on Marvell shares.
News For MRVL From the Last 2 Days