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Marvell Technology Group, Ltd. (MRVL) [hlAlert]

Rating:
Buy MRVL
down 34.20 %

Marvell Technology Group, Ltd. (MRVL) rated Buy with price target $16.50 by Stifel Nicolaus

Posted on: Monday,  Jul 9, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 07/09/2012. Previously Stifel Nicolaus rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL)
on 05/30/2008., when the stock price was $16.90. Since then, Marvell Technology Group, Ltd. has lost 34.20% as of 10/28/2015's recent price of $11.12.
If you would have followed the previous Stifel Nicolaus's recommendation on MRVL, you would have lost 34.2% of your investment in 2707 days.

Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. The company's goal is to continue to support its customers in providing faster, better solutions to meet their customers' needs for increased bandwidth as communication solutions evolve. The company meets this goal with state-of-the-art chip solutions that enable data transfer in data storage devices and networking applications.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/9/2012 8:25 AM Buy
None
10.79 16.50
as of 12/31/2012
1 Week down  -12.00 %
1 Month down  -14.28 %
3 Months down  -20.65 %
1 YTD down  -47.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2011 8:25 AM Buy
None
16.70 26.00
2/24/2010 9:25 AM Buy
None
19.76 26.00
5/29/2009 8:25 AM Buy
None
11.12 15.00
5/30/2008 8:25 AM Buy
None
16.90 22.00

(*) Stock Price at the time of the recommendation.
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