Marvell Technology's AI Strength May Not Be Enough To Offset Macro Softness In Q2, Analyst Cautions

Marvell Technology’s AI Strength May Not Be Enough To Offset Macro Softness In Q2, Analyst Cautions

August 24, 2023

in Stocks

Reading Time: 1 min read

Susquehanna analyst Christopher Rolland reiterated a Positive rating on Marvell Technology, Inc. (NASDAQ:MRVL), raising the price target to $70 from $60.

On Thursday, August 24, Marvell will report 2Q results and 3Q guidance.

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Marvell Technology’s AI Strength May Not Be Enough To Offset Macro Softness In Q2, Analyst Cautions

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Marvell Technology’s AI Strength May Not Be Enough To Offset Macro Softness In Q2, Analyst Cautions

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