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Fly News Breaks for December 6, 2018
MRVL
Dec 6, 2018 | 07:15 EDT
UBS analyst Timothy Arcuri lowered his price target on Marvell to $25 from $30 following in-line Q3 results and guidance that was better than feared. The company said Networking was running better than expected, which offset declines in Storage, noted Arcuri, who maintained his Buy rating on Marvell shares.
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