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

down 16.20 %

Marvell Technology Group, Ltd. (MRVL) rated Outperform with price target $10.50 by Friedman Billings

Posted on: Friday,  Jan 23, 2009  8:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 01/23/2009. Previously Friedman Billings rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL)
on 04/28/2008., when the stock price was $13.27. Since then, Marvell Technology Group, Ltd. has lost 16.20% as of 10/28/2015's recent price of $11.12.
If you would have followed the previous Friedman Billings's recommendation on MRVL, you would have lost 16.2% of your investment in 2739 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2009 8:25 AM Buy
6.75 10.50
as of 12/31/2009
1 Week down  -2.90 %
1 Month up  30.22 %
3 Months up  24.02 %
1 YTD up  201.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2008 8:25 AM Buy
5.16 11.00
9/5/2008 8:25 AM Buy
11.85 21.00
8/11/2008 8:25 AM Buy
15.91 24.00
5/30/2008 8:25 AM Buy
16.90 23.00
4/28/2008 8:25 AM Buy
13.27 19.00
2/28/2008 8:25 AM Hold
11.40 19.00
12/5/2007 9:25 AM Hold
15.13 18.00
11/28/2007 9:25 AM Hold
15.37 19.00
11/7/2007 9:25 AM Hold
18.43 18.00

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