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Fly News Breaks for January 10, 2019
MRVL
Jan 10, 2019 | 18:13 EDT
Oppenheimer analyst Rick Schafer kept his Outperform rating and $30 price target on Marvell after meeting with its Investor Relations VP at the Consumer Electronics Show. The analyst says Ashish Saran was "confident" about opportunities for Marvell in the networking business. Schafer also sees 5G as a "key growth driver" for the company beyond the near term.
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