Information Provided By: 
Fly News Breaks for October 15, 2018
MRVL
Oct 15, 2018 | 09:19 EDT
BMO Capital analyst Ambrish Srivastava upgraded Marvell to Outperform from Market Perform and kept his $24 price target. The analyst says the risk-reward on the stock is "attractive as its valuation suggests a 7.8% free cash flow yield for 2019 vs. 7.1% for its peer group. Srivastava also believes that Marvell has "cleared the deck" on the estimates from its recent Cavium acquisition and is now set up to realize more synergies from the deal in 2020. The analyst is also positive on the management's track record of execution.
News For MRVL From the Last 2 Days
There are no results for your query MRVL
