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

down 3.80 %

Marvell Technology Group, Ltd. (MRVL) rated Outperform by Raymond James

Posted on: Tuesday,  Oct 15, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 10/15/2013, when the stock price was $11.56.
Since then, Marvell Technology Group, Ltd. has lost 3.81% as of 10/28/2015's recent price of $11.12.
If you would have followed this Raymond James's recommendation on MRVL, you would have lost 3.8% of your investment in 743 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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -3.30 %
1 Month down  -5.80 %
3 Months up  13.75 %
1 YTD up  13.75 %

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