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Fly News Breaks for September 18, 2018
MRVL
Sep 18, 2018 | 06:03 EDT
Goldman Sachs analyst Mark Delaney reinstated coverage of Marvell Technology Group with a Buy rating and $23 price target. Post the acquisition of Cavium, Marvell has an improved growth profile while trading at a "reasonable valuation" relative to peers, especially on free cash flow, Delaney tells investors in a research note.
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