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Fly News Breaks for May 26, 2017
MRVL
May 26, 2017 | 05:51 EDT
Oppenheimer analyst Rick Schafer upgraded Marvell Technology Group to Outperform citing an expanding margin profile following the company's fourth consecutive earnings beat. Management remains ahead of schedule on the turnaround story, Schafer tells investors in a research note. He's a buyer at current levels with a $23 price target for the shares.
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