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Fly News Breaks for March 12, 2018
MRVL
Mar 12, 2018 | 09:16 EDT
Argus analyst Jim Kelleher keeps his Buy rating and a $28 price target on Marvell, writing the company has improved its execution through focus on value-added opportunities. The analyst also believes that while the stock price has moved higher, Marvell's valuation remains attractive relative to that of peers and considering the company's cash flow growth potential.
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