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

Rating:
Buy MRVL
down 17.20 %

Marvell Technology Group, Ltd. (MRVL) rated Buy with price target $12.40 by MKM Partners

Posted on: Friday,  Sep 25, 2015  11:25 AM ET by MKM Partners

MKM Partners rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 09/25/2015. Previously MKM Partners rated Buy Marvell Technology Group, Ltd. (NASDAQ: MRVL)
on 08/18/2014., when the stock price was $13.43. Since then, Marvell Technology Group, Ltd. has lost 17.20% as of 10/28/2015's recent price of $11.12.
If you would have followed the previous MKM Partners's recommendation on MRVL, you would have lost 17.2% of your investment in 436 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.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/25/2015 11:25 AM Buy
None
9.14 12.40
as of 8/27/2015
1 Week down  -11.11 %
1 Month down  -23.25 %
3 Months down  -21.91 %
1 YTD down  -16.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2015 1:25 PM Buy
None
8.84 11.70
5/22/2015 11:25 AM Buy
None
13.30 16.00
2/20/2015 11:25 AM Buy
None
16.11 18.00
8/18/2014 12:00 AM Buy
None
13.43 17.00

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