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Fly News Breaks for March 5, 2020
MRVL
Mar 5, 2020 | 08:56 EDT
Susquehanna analyst Christopher Rolland raised the firm's price target on Marvell to $32 from $30 and keeps a Positive rating on the shares. The analyst said despite the disruption and a difficult 2019, the story appears to be back on track and sets up well for 2020. The results and guidance were both better than feared on the face of the challenges with the coronavirus headwinds. Rolland reiterated his Positive rating and raised his price target to $32 from $30 on Marvell shares.
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