The Latest Breaking News from Marvell Tech

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 10 years by 3.95% on an annualized basis producing an average annual return of 15.44%. Currently, Marvell Tech has a market capitalization of $46.67 billion.

Analysts have provided the following ratings for Marvell Tech (NASDAQ:MRVL) within the last quarter:

A whale with a lot of money to spend has taken a noticeably bullish stance on Marvell Tech. Looking at options history for Marvell Tech (NASDAQ:MRVL) we detected 10 strange trades.

Barclays has decided to maintain its Overweight rating of Marvell Tech (NASDAQ:MRVL) and lower its price target from $90.00 to $80.00. Shares of Marvell Tech are trading up 1.7% over the last 24 hours, at $59.44 per share. A move to $80.00 would account for a 34.6% increase from the…

 

Analysts have provided the following ratings for Marvell Tech (NASDAQ:MRVL) within the last quarter:

Someone with a lot of money to spend has taken a bullish stance on Marvell Tech (NASDAQ:MRVL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

If history is any guide, there may be trouble ahead for shares of Marvell Tech (NASDAQ:MRVL). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

If history is any guide, there may be trouble ahead for shares of Marvell Tech (NASDAQ:MRVL). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.