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

Rating:
Hold MRVL

Marvell Technology Group, Ltd. (MRVL) rated Hold with price target $12 by Canaccord Genuity

Posted on: Friday,  May 24, 2013  10:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Hold Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 05/24/2013. Previously Canaccord Genuity rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL)
on 02/02/2012., when the stock price was $16.00. Since then, Marvell Technology Group, Ltd. has lost 43.56% as of 09/26/2012's recent price of $9.03.
If you would have followed the previous Canaccord Genuity's recommendation on MRVL, you would have lost 43.56% of your investment in 237 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 10:25 AM Hold
None
11.31 12.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2012 9:25 AM Hold
None
9.03 9.00
2/2/2012 8:25 AM Buy
None
16.00 20.00

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