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

Rating:
Mkt Underperform
MRVL
up 6.02 %

Marvell Technology Group, Ltd. (MRVL) downgraded to Mkt Underperform by JMP Securities

Posted on: Friday,  May 24, 2013  8:25 AM ET by JMP Securities

JMP Securities rated Mkt Underperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 05/24/2013, when the stock price was $11.79.
Since then, Marvell Technology Group, Ltd. has lost 5.68% as of 10/28/2015's recent price of $11.12.
If you would have followed this JMP Securities's recommendation on MRVL, you would have gained 6.02% of your investment in 887 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.

MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 8:25 AM Sell
None
11.79
as of 12/13/2013
1 Week up  3.30 %
1 Month up  5.80 %
3 Months down  -3.95 %
1 YTD down  -11.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/27/2012 8:25 AM Hold
None
7.10
6/5/2012 10:25 AM Hold
None
12.27
11/17/2011 10:25 AM Sell
None
14.04 12.50
8/26/2009 10:25 AM Buy
None
14.12 20.00
6/9/2009 8:25 AM Buy
None
12.84

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