Marvell Technology Inc (MRVL) Soars with Bullish Short-Term Technical Score and Strong Analyst Recommendations

Marvell Technology Inc (MRVL) Increases by 1.96%

Marvell Technology Inc (MRVL) experienced a 1.96% increase in stock during pre-market trading on Wednesday morning, bringing the price to $69.6. The short-term technical score for MRVL is 67, indicating that the stock has been trading more bullishly than 67% of other stocks in the market over the past month.

Over the past month, Marvell Technology Inc has experienced an average recommendation of Strong Buy from analysts, with an average price target of $87.78. In the Semiconductors industry, which is ranked 85 out of 146 industries, MRVL is ranked higher than 74% of stocks. The stock’s price during this time period has ranged from $65.06 to $85.76, with a closing price of $67.54 on February 28th.

To learn more about Marvell Technology Inc and its rankings, further information is available. With an Overall Score of 50, MRVL’s performance and ranking can be better understood in relation to other stocks in the market.

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