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

Rating:
Underperform
MRVL
down 31.74 %

Marvell Technology Group, Ltd. (MRVL) rated Underperform by Credit Agricole

Posted on: Friday,  Oct 19, 2012  8:25 AM ET by Credit Agricole

Credit Agricole rated Underperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 10/19/2012, when the stock price was $7.59.
Since then, Marvell Technology Group, Ltd. has gained 46.51% as of 10/28/2015's recent price of $11.12.
If you would have followed this Credit Agricole's recommendation on MRVL, you would have lost 31.74% of your investment in 1104 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.

Credit Agricole
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2012 8:25 AM Sell
None
7.59
as of 12/31/2012
1 Week up  12.00 %
1 Month up  14.28 %
3 Months up  4.34 %
1 YTD up  4.34 %

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