Marvell Technology Inc. experiences a Bullish Short-Term Score and Outperforms Semiconductors Industry, According to Analysts and Stock Recommendations

Marvell Technology Inc (MRVL) Increases by 1.96%

On Wednesday morning, Marvell Technology Inc (MRVL) saw a 1.96% increase in its stock price during pre-market trading, 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. In addition to this, MRVL is ranked higher than 74% of stocks in the Semiconductors industry, which is ranked 85 out of 146 industries.

Over the past month, Marvell Technology Inc has experienced a 1.01% increase, closing at $67.54 on February 28. During this time period, the stock’s price ranged from $65.06 to $85.76. Analysts have given MRVL an average recommendation of Strong Buy, with an average price target of $87.78. With an Overall Score of 50, MRVL’s performance and ranking can be better understood by looking into further information about the company and its rankings within different sectors and industries.

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